UKEB publishes its draft comment letter on the ISSB's RFI on agenda priorities
27 Jun, 2023
The UK Endorsement Board (UKEB) has published its draft comment letter in response to the International Sustainability Standards Board's (ISSB's) Request for Information (RFI) on its agenda priorities.
In its draft comment letter, the UKEB:
- is very supportive of the ISSB’s objective to develop standards – in the public interest – that will result in a high quality, comprehensive baseline of sustainability disclosures focused on the needs of investors and the financial markets.
- believes that the next two-year period will be crucial to establishing the credibility and success of the ISSB global baseline.
- recommends that the ISSB focuses on consolidation. This requires ensuring smooth adoption and implementation of IFRS S1 and S2 and working with the International Accounting Standards Board (IASB) to deliver standards and guidance that produce connected information.
Comments on the draft comment letter are requested by 23 July 2023.
The press release, the draft comment letter and the invitation to comment are available on the UKEB website.
