We enjoyed hosting our ESG Pulse Webinar where our ESG experts shared insights on what the ISSB standards are, what reporting under these standards entails, and the benefits that sustainability reporting can have for business.
The world of sustainability reporting is fast evolving and the release of the International Sustainability Standards Board (ISSB) standards in mid-2023 heralded in a next step in this evolution.
Since the release, we have seen the standards be endorsed by the International Organisation of Securities Commissions (IOSCO). Several countries have already adopted, or announced plans to adopt, the ISSB standards, including the UK which has indicated that it will adopt the ISSB standards through their Sustainability Disclosure Standards.
In the Crown Dependencies, the Guernsey Financial Services Commission (GFSC) has now issued a discussion paper on the future of sustainability reporting which focuses on the ISSB standards. In Jersey, the Government has released its consultation on how the jurisdiction wants to position itself with respect to sustainable finance, the positive results of which could open the door for sustainability reporting requirements. The Isle of Man Government is expected to release its sustainable finance roadmap later this year.
Download the webinar slides here:
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