International Federation of Accountants

Contributing to the Global Economy

Enhancing Corporate Reporting: The Way Forward

IFAC calls for a new Sustainability Standards Board alongside the IASB

IFAC
Sep 11, 2020 | Guidance & Support Tools
English

IFAC calls for the creation of a new sustainability standards board that would exist alongside the International Accounting Standards Board under the auspices of the IFRS Foundation. The proposed board would address the urgent and growing demand from investors, policy makers and regulators for a reporting system that delivers consistent, reliable, adaptable and assurable information relevant to enterprise value creation, sustainable development and evolving stakeholder expectations.

 

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