A Private Message To The Cantankerous Critics Of The Worldwide Sustainability Requirements Board
I ought to have seen the hate mail coming. In October 2018 my Oxford colleague Professor Richard Barker and I revealed a Inexperienced Paper titled “Ought to FASB and IASB be liable for setting requirements for nonfinancial data?” A lot to our shock and delight, simply two years later in September 2020 the Trustees of the IFRS Basis revealed their “Session Paper on Sustainability Reporting.” The concept was to determine an Worldwide Sustainability Requirements Board (ISSB), parallel and coordinated with the Worldwide Accounting Requirements Board which units requirements for monetary reporting for a lot of the