G20 Leaders welcome issuance of ISSB standards
12 Sep 2023
The G20 has issued final declaration following the G20 Leaders meeting held in New Delhi on 9–10 September 2023.
In particular, the G20 concluded that flexibility will contribute to a global solution in sustainability reporting. The declaration notes:
We welcome the finalization of the sustainability and climate-related disclosure standards published by the International Sustainability Standards Board (ISSB) in June 2023, which provide the mechanisms that address proportionality and promote interoperability. It is important that flexibility, to take into account country-specific circumstances, is preserved in the implementation of those standards. When put into practice as above, those standards will help support globally comparable and reliable disclosures.
For more information, see the full final declaration.
