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IFRS Foundation announces ISSB Chair

  • ISSB Image

Dec 16, 2021

On December 16, 2021, the Trustees of the IFRS Foundation announced the appointment of Emmanuel Faber to lead the International Sustainability Standards Board (ISSB).

Mr. Faber, who is the former Chair of the Board and CEO of Danone, will assume his role on 1 January 2022. He has been appointed for a three-year term. Mr. Faber has significant global leadership experience and has long advocated the importance of sustainability information to the global capital markets and its relevance to the investment decision-making process.

The ISSB will develop the IFRS Sustainability Disclosure Standards that provide a global baseline of disclosure requirements designed to give investors high quality, globally comparable sustainability information. The ISSB will work in close cooperation with the International Accounting Standards Board (IASB) to ensure connectivity and compatibility between IFRS Accounting Standards and IFRS Sustainability Disclosure Standards.

Review the press release on the IFRS Foundation's website.

The Monitoring Board of the IFRS Foundation has issued a statement welcoming the appointment.

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