News April 2022 FRC Webinar: An update on the ISSB and international sustainability standards

FRC Webinar: An update on the ISSB and international sustainability standards

27 April 2022
The Financial Reporting Council (FRC) invites stakeholders to attend a webinar to learn more about the work of the newly formed International Sustainability Standards Board (ISSB) and its first two proposed standards.
 
When: Wednesday 11 May 2022, 10.00-11.00am
 
Register here. Note a Teams Live link will be sent to registered attendees in advance of the webinar. 
 
Confirmed speakers:
FRC – A representative from the Financial Reporting Council (FRC)
BEIS – A representative from the Department for Business, Energy and Industrial Strategy (BEIS)
ISSB – Sue Lloyd, Vice-Chair of the International Sustainability Standards Board (ISSB)
 
Background
 
On 31 March 2022, the International Sustainability Standards Board (ISSB) released two Exposure Drafts, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, which are open for comment until 29 July 2022. In the UK, the Government has committed to create a mechanism to adopt and endorse these and future ISSB standards, which will form a core element of future corporate reporting requirements, under the Sustainability Disclosures Requirements framework.
 
The FRC also plans to issue a survey to seek UK stakeholders views ahead of its response to the ISSB.