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IFRS Foundation announces ISSB Chair

  • ISSB (International Sustainability Standards Board) (blue) Image

16 Dec 2021

The Trustees of the IFRS Foundation have appointed 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.

Please click for more information in the press release on the IFRS Foundation website.

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

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