For those who have been following the development of the Australian Sustainability Reporting Standards with interest, the AASB have shared a short and sharp summary of the key decisions taken by the Board during June/July meetings in aligning the direction of the standard setting back to the baseline of IFRS Sustainability Disclosure Standards, incorporating the recommendations from feedback received during the consultation process. https://lnkd.in/gT9z5C3k #AASB #ISSB #IFRS #ASRS #climatereporting #sustainability

Professionals in finance and sustainability, take note: The IFRS Foundation and EFRAG have released crucial guidance for applying both ISSB Standards and ESRS. This publication aims to streamline sustainability reporting across different jurisdictions, enhancing transparency and comparability. Discover how this can impact your reporting practices and help your company navigate the evolving landscape of global sustainability standards. https://lnkd.in/e3avDFvZ #SustainabilityStandards #CorporateReporting #IFRS #EFRAG

🌱 Developments in Sustainability Reporting 📈 Late last year, the Australian Accounting Standards Board unveiled their draft Australian Sustainability Reporting Standards (ASRS), aligning closely with the IFRS S1 and S2 standards. While the focus initially centres on climate, the potential expansion to other sustainability areas is still a possibility. The IFRS standards promised a streamlined reporting landscape, yet we are starting to see that there will continue to be nuances between jurisdictions that demand attention. Organisations must navigate these differences diligently to ensure compliance with local regulations. #SustainabilityReporting #ClimateDisclosure #IFRS #AASB #ASRS

Very interesting observations from Kate Stimson of Crowe UK about how the new #sustainability and #climate #IFRS standards are being adopted. The objective of global standards had clearly been global consistency. One to watch.

#EY #ISSB #ESRS #GCRS The IFRS Foundation and EFRAG together have just published guidance material on the alignment between the ISSB Standards and ESRS. The material provides interoperability guidance for climate-related sustainability disclosures under ESRS and ISSB Standards. Click below to read or download our publication on this.

The Interoperability Guidance published by #EFRAG and #IFRSFoundation is very helpful for companies that want to comply with both #ESRS and #ISSB standards, especially for multi-national companies. This summary document (4 pages) published by #EY highlights the key areas of detail Guidance document (33 pages) published by #EFRAG and #IFRSFoundation. #sustainabilityreporting #EY #CCaSS

ESG - IFRS Foundation & EFRAG publish interoperability guidance: The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards and the European Sustainability Reporting Standards (ESRS) and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures. Read the Guidance here: https://lnkd.in/emqGbrYq Learn all about these at our Sustainability Regulatory Report Short Course commencing on May 20th, open for booking here: https://lnkd.in/ejNrpvwS     #ESG #Sustainability #EFRAG #IFRS #ComplianceInstitute 

The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the ISSB Standards and the ESRS and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures- ifrs foundation. such interoperability will continue to help in filing of sustainability reports. #sustainability #ersr #efrag #ifrs #issb

The IFRS Foundation and #EFRAG have collaborated to publish guidance material for correlating the IFRS Sustainability Disclosure Standards (ISSB Standards) with the European Sustainability Reporting Standards (ESRS). This guidance offers vital insights for organizations adhering to either set of standards, simplifying compliance with both seamlessly. This milestone marks a substantial stride towards aligning sustainability reporting practices, promoting transparency, and advancing global acceptance. #SustainabilityReporting #ClimateAction #Interoperability #IFRS #ESRS

The IFRS Foundation has released an updated resource to help companies that wish to apply both the Integrated Reporting Framework and the IFRS Sustainability Disclosure Standards, which are complementary tools for investor-focused communications. Find out more: https://lnkd.in/eJ_Nk4Qt International Sustainability Standards Board (ISSB) #integratedreporting #ISSB #IFRSSustainability #IFRS #IFRSFoundation