IFAC publishes framework to help implement global sustainability standards

Released 09 September 2021

The International Federation of Accountants (IFAC) has published a framework for implementing global sustainability standards at the local level, focusing on the building blocks approach published in May 2021.

IFAC have stated that jurisdictions need to begin examining how global standards that the International Sustainability Standards Board intends to develop, starting with climate, can fit together with sustainability-related reporting requirements set at the jurisdictional level.

Further information can be found at https://www.ifac.org/news-events/2021-09/ifac-urges-stakeholders-prepare-now-global-sustainability-standards.

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