Released 08 October 2021
The International Financial Reporting Standards (IFRS) Foundation has today published a webcast explaining the role of the Technical Readiness Working Group (TRWG), which was created by the Foundation’s Trustees in March 2021 to do preparatory work for the proposed International Sustainability Standards Board (ISSB).
The webcast introduces the member bodies of the TRWG and provides a high-level summary of its work programme.
The purpose of the TRWG is to give the proposed ISSB a running start, enabling it to respond to investors’ urgent demands for improved transparency and consistency in company reporting on sustainability matters. The TRWG is building on the work of long-standing international sustainability reporting initiatives focused on enterprise value.
The TRWG will provide recommendations for the ISSB’s consideration.
More information can be found at https://www.ifrs.org/news-and-events/news/2021/10/technical-readiness-working-group-purpose-and-progress/.