Posted on Monday, March 8, 2021

Trustees of the IFRS Foundation announced plans to continue their work on establishing an international sustainability reporting standards board within the existing governance structure of the IFRS Foundation. The decision was based on the encouragement received in comments concerning the 2020 Consultation, and on IOSCO’s intention to work with the IFRS Foundation to develop a plan to establish a new board to set sustainability standards to meet the needs of the capital markets. The strategic direction of the new board will be:

Read the announcement.