Board and Oversight Council responses to IFRS sustainability consultation paper
Jan 21, 2021
On January 21, 2021, the Accounting Standards Board (AcSB), Auditing and Assurance Standards Board (AASB), Public Sector Accounting Board (PSAB) and Auditing and Assurance Standards Oversight Council/Accounting Standards Oversight Council (AcSOC/AASOC) released their comment letters responding to the IFRS Foundation Trustees Consultation Paper on Sustainability Reporting.
The letters responded to its Consultation Paper on Sustainability Reporting, which sought to assess demand for global sustainability reporting standards. The Trustees’ proposals included creating an international sustainability standards board and focusing initially on climate-related financial disclosures.
Review the article with key takeaways from the comment letters submitted by Canadian standards Boards and Councils.
Review the full comment letters: