Frankfurt, 3 February 2021
The Trustees of the IFRS Foundation met on 1 February 2021 to review responses to the first three questions of their consultation paper on sustainability reporting – demand for global sustainability standards, whether the IFRS Foundation should play a role, and, if so, the requirements for success in doing so.
They reported that the responses “indicate growing and urgent demand to improve the global consistency and comparability in sustainable reporting, as well as strong recognition that urgent steps need to be taken and broad demand for the IFRS Foundation to play a role in this.” EFFAS’s contribution to this consultation is available here. The full news report from the IFRS can be read here.