BDO has released ISRB 2023/02 Q1 2023 Sustainability Reporting Update, which includes information on developments by the International Sustainability Standards Board (ISSB), the European Union and other standard setters, that have been put forward relating to sustainability and climate reporting.
As the ISSB prepares to issue its first IFRS Sustainability Disclosure Standards in June 2023, it has introduced additional transitional relief for entities to focus on climate-related sustainability disclosures in the first year of adoption. In its agenda, the European Financial Advisory Reporting Group aims to prioritise implementation support for the first set of European Sustainability Reporting Standards over the preparatory work for sector-specific standards.
Source: BDO Global