Close to 400 organisations from 64 jurisdictions have committed to advancing the adoption or use of the International Sustainability Standards Board’s climate-related reporting at a global level.
The declaration of support - announced during Finance Day at COP28 - demonstrates the strong support to advance action-oriented responses to the risk of climate change:
Climate risks are increasingly having a real effect on companies and capital. Therefore—in response to calls for climate action at COP28—we support the establishment of market infrastructure to enable consistent, comparable climate-related disclosures at a global level. We are committed to advancing the adoption or use of the ISSB’s Climate Standard as the climate global baseline.
1 The institutional groups include the IFRS Foundation Advisory Council, Capacity Building Partnership signatories, Corporate Champions, the IFRS Sustainability Alliance members, the Integrated Reporting & Connectivity Council, the ISSB Investor Advisory Group, the ISSB support consortiums in Canada and Germany, the Jurisdictional Working Group, the Sustainability Consultative Committee, the Sustainability Standards Advisory Forum, and organisations licensing IFRS Foundation content.