The most recent UN Climate Change Conference in Glasgow, or COP26, attracted the attention of long-term investors. The reason for that was the announcement of the International Financial Reporting Standards Foundation Trustees concerning the creation of the International Sustainability Standards Board (ISSB). The initiative aims to address one of the complaints brought up by many long-term investors interested in environmental, social and governance (ESG) matters, i.e. the alphabet soup of ESG reporting standards. For a long time, a patchwork of standard-setting bodies and other entities populating ESG metrics and standards have flourished.
Source Kluwertaxblog
