High Quality, Globally
Comparable Sustainability Information Is in Demand
In the upcoming year, the International Sustainability Standards Board is expected to set a full range of environmental, social, and governance (ESG) reporting standards aimed at investors. While ESG reporting is currently erratic and inconsistent, the drive for coherent sustainability reporting standards will heavily impact the International Accounting Standards Board (IASB), which provides accounting guidance for most of the world.
Setting binding rules for companies’ sustainability reporting will be a top priority for International Accounting Standards Board in 2022.
Read Bloomberg Tax's full article; Diversity wins: Global ESG Accounting Rules Stumble in Organizational Challenges
6