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IOSCO sets up working group to support the IFRS Foundation sustainability initiative

  • IOSCO (International Organization of Securities Commissions) (dark gray) Image
  • Leaf - sustainability (green) Image

31 Mar 2021

The International Organization of Securities Commissions (IOSCO) has announced the establishment of a new Technical Expert Group (TEG) under its Sustainable Finance Task Force (STF) that will work closely with the IFRS Foundation’s working group on its sustainability project.

The new TEG will be tasked with reviewing and assessing technical recommendations focused on enterprise value creation that will be developed the working group recently set up by the IFRS Foundation to prepare for a potential international Sustainability Standards Board (SSB). The working group's tasks also include planned work to further refine the prototype climate-related disclosure standard, its content, and industry-specific metrics. IOSCO has been invited to join the IFRS Foundation working group as an observer.

Please click to access the announcement of the new TEG on the IOSCO website.

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