Global sustainability and the role of the IFRS

On 30 September 2020, aware of the heightened importance of sustainability reporting and the associated challenges, including comparability, the IFRS Foundation Trustees launched a public consultation on the need for global sustainability standards and the role that the Foundation might play in their development.

Keywords: Mazars, Thailand, IFRS, IASB, Global sustainability

27 November 2020

The Consultation Paper which has just been published sets out possible ways the Foundation might contribute to the development of global sustainability standards by broadening its current remit beyond the development of financial reporting standards and using its experience in international standard-setting.

This consultation can be accessed on the IASB site.     

Comments may be submitted no later than 31 December 2020.