International Sustainability Standards Setting

The FRC has today published FAQs on International Sustainability Standards Setting. The purpose of the FAQs is to inform UK company stakeholders of developments in sustainability standard setting by the International Financial Reporting Standards Foundation (IFRS Foundation). This is a fast moving agenda that has the potential to impact corporate reporting significantly in the future.
 
In response to calls from investors for more consistent and comparable sustainability information, the IFRS Foundation intends to establish an International Sustainability Standards Board and issue sustainability standards thereafter.

The FAQs are available here.