IOSCO Report on Sustainability-related Issuer Disclosures

We have received the following communications from the FCA today.


The Board of the International Organization of Securities Commissions (IOSCO) has today published a Report on Sustainability-related Issuer Disclosures. The report elaborates on IOSCO’s vision for an International Sustainability Standards Board (ISSB) under the International Financial Reporting Standards (IFRS) Foundation, describing the role the ISSB could play in setting a common global baseline of sustainability-related corporate reporting standards.


The FCA has co-chaired the working group that developed this report and supports IOSCO’s vision. Complete, and globally consistent and comparable information on climate change and other sustainability matters will help markets price sustainability-related risks and opportunities and support the transition to a more sustainable future. So we welcome the good progress that is being made towards a common global baseline of reporting standards, developed under the proven governance model of the IFRS Foundation.