ESG Reporting Rulemaker Plots Its Approach to New Standards

The first meeting of the International Sustainability Standards Board lasted for just two hours, not all the board members were in place, and no decisions were made. But the session flagged the likely future direction of standard setting and the topics that may be tackled next.

Chair Emmanuel Faber called it an “educational session” for the nine current board members developing rules for corporate reporting that he said is central to efficient capital market operation, with investors hungry for sustainability information.

The ISSB was set up in November 2021 as a sister body to the International Accounting ...