IFRS Foundation and Value Reporting Foundation complete consolidation
01 Aug, 2022
The consolidation of the Value Reporting Foundation (VRF) into the IFRS Foundation has been completed.
The VRF was formed in June 2021 with the merger of the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB). The consolidation with the IFRS Foundation will inform the work of the IFRS Foundation through the industry-based approach of the SASB Standards and the Integrated Reporting Framework.
The consolidation is part of a COP26 objective to consolidate leading investor-focused sustainability disclosure organisations with the IFRS Foundation.
For more information, see the press release on the IFRS Foundation website.
