The newly announced International Sustainability Standards Board may have standards ready to publish in the second half of next year. Prototypes offer a look at what might be included in the proposed and final standards.
The question of what is material and how materiality is assessed is undergoing a major transformation. Now is the time to understand how changes will influence reporting standards.
Jeremy Osborn, FCMA, CGMA, director of business relationships and networks with the Value Reporting Foundation, suggests that integrated thinking and reporting can help corporate boards create long-term value, particularly when they consider potential consequences of climate change as they devise business strategy.
The Association of International Certified Professional Accountants, representing AICPA & CIMA, responded to the IFRS Foundation in support of the Foundation’s proposed amendments to its constitution to create an International Sustainability Standards Board.
To enable real change in a company’s impact on environmental, social, and governance issues, they need to be part and parcel of long-term strategy. But how can that be done?
