ASIC welcomes new International Sustainability Standards Board and updated climate-related disclosure guidance
On 3 November 2021, at COP 26, the International Financial Reporting Standards (IFRS) Foundation Trustees announced the establishment of the International Sustainability Standards Board (ISSB). The ISSB will develop high-quality global baseline climate and sustainability disclosure standards to meet investors’ information needs. ASIC Commissioner Cathie Armour said, ‘ASIC welcomes the establishment of the International Sustainability …
