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The SASB Standards Investor Advisory Group (IAG)— leading institutional investors that work towards improved environmental, social and governance (ESG) disclosure—has announced its support for the creation of the International Sustainability Standards Board (ISSB) by the IFRS Foundation. Wellington Management Company recently joined the IAG, bringing the Group to 62 members representing 12 countries and more than $52T in assets.
The ISSB, announced on November 3, 2021, aims to develop a global baseline of sustainability
disclosures for the financial markets, streamlining the current sustainability disclosure
landscape and making it easier to identify and report on vital information impacting investors.
This will involve complete consolidation of the Climate Disclosure Standards Board (CDSB—an
initiative of CDP) and the Value Reporting Foundation (which houses the Integrated Reporting
Framework and the SASB Standards) by June 2022....
more at SASB