The new corporate sustainability reporting standards that were recently approved by the Sustainability Standard’s Board have received a warm reception from the International Organisation of Securities Commission.
Jean-Paul Servais (above), the current chairman of IOSCO, said the new rules “meet an urgent need in financial markets to get away from the current fragmented situation” with regards to sustainability disclosures.
The ISSB indicated last month that its news standards should start to be implemented from January 2024.
