Contributing to the Global Economy
Time for Action on Sustainability: Next Steps
Go to IFAC's Sustainability Assurance Resources
IFAC Continues to Advocate for Convergence in Global Sustainability Disclosure
IFAC Congratulates the ISSB on Publication of its First Two Proposed Standards Addressing Climate and General Sustainability-Related Disclosures
IFAC Welcomes U.S. SEC’s Action to Enhance Climate Disclosures; Continues Support for Global Alignment
IFAC Pledges Ongoing Support for New International Sustainability Standards Board
IFAC Calls on G20 Leaders to Focus on Sustainability Reporting and Public Sector Integrity
IFAC Urges Stakeholders to Prepare Now for Global Sustainability Standards
IFAC Welcomes IFRS Foundation Constitutional Amendments to Establish a New ISSB
IFAC Supports IOSCO’s Vision for a Global Baseline of Investor-Focused Sustainability Standards
IFAC Welcomes U.S. SEC’s Request for Input on Climate Change Disclosures; Urges Support for Global System
IFAC Encourages A Building Blocks Approach for Reporting Sustainability-Related Information
IFAC Sees Continued Opportunity to Harmonize Corporate Sustainability Reporting
IFAC Supports IFRS Trustees’ Action Toward an International Sustainability Standards Board
IFAC Responds to IFRS Foundation Sustainability Reporting Consultation
IFAC Responds to the IIRC's Consultation Draft of the International Framework 2020
IFAC Calls for Creation of an International Sustainability Standards Board Alongside the International Accounting Standards Board
IFAC Responds to WEF Consultation on Improving Reporting for ESG and Value Creation
IFAC Response to the European Commission’s Non-Financial Reporting Directive Review
A growing, global demand for sustainability—in society, in public and private organizations, and on our planet—has fueled demand for enhancing corporate reporting. For investors and sustainability-minded stakeholders to assess a company’s future performance, they need a clear and comprehensive picture of its ability to create sustainable value over time—not just a snapshot of its finances.
The corporate reporting system needs to evolve and expand to deliver the right information—to shareholders, regulators, and the public. IFAC is committed to working on behalf of the global accountancy profession to address the evolution of standard setting and corporate reporting.
Rationalization and alignment need to occur for sustainability information to achieve its full potential. As a result, in September 2020, IFAC called for a global solution led by an International Sustainability Standards Board to sit alongside the International Accounting Standards Board under the IFRS Foundation.
We are on a journey toward a unified, coherent, global and authoritative standard-setting process, with outcomes applied everywhere. IFAC calls on the accountancy profession to lead and support this transformation—both in responding to change and anchoring it in essential skillsets.
Enhancing Corporate Reporting: The Way Forward
September 11, 2020
How Global Standards Become Local
September 09, 2021
September 22, 2022
July 28, 2022
Leading Financial Market Participants Call for Stronger Alignment of Regulatory & Standard Setting Efforts around Sustainability Disclosure
August 30, 2022
November 18, 2021
July 29, 2021 | Helen Partridge
September 2, 2021 | Kevin Dancey
May 26, 2021 | Kevin Dancey
September 15, 2021
Letters from CEO Kevin Dancey
- Time for Action on Sustainability: Next Steps for the Accountancy Profession
- How Global Standards Become Local: Using the Sustainability Building Blocks
- Enhancing Corporate Reporting: Sustainability Building Blocks Revisited
- IFAC Call to Action in Support of International Sustainability Standards Board
- Corporate and Sustainability Reporting – A Look Ahead
Getting to Net Zero: Emissions Targets and Transition Plans
As a global systemic risk, climate change has become a focal point for corporate sustainability disclosure. David Madon and Stathis Gould discuss the results of the report 'Getting to Net Zero: A Global Review of Corporate Disclosures' which analyzes disclosure trends in emissions reduction targets and transition plans of the 40 largest exchange-listed companies in 15 jurisdictions, for a total of 600 companies. The jurisdictions include G7 countries and 8 non-G7 countries for the 2020 reporting year.
Understanding ESG Reporting
ESG/Sustainability is on the minds of individuals, policymakers and investors the world over. And high-quality information from companies is central to the discussion. This event aims to equip individual investors with a better understanding of what ESG reporting is, how to integrate it into their investing decisions, and current developments in the ESG reporting space.