What should you be considering in driving a sustainable future in the Middle East?
The IFRS Foundation Trustees made a historic announcement of the formation of a new International Sustainability Standards Board (ISSB) to develop - in the public interest - a comprehensive global baseline of high-quality sustainability disclosure standards. This has been put in place to meet the investors’ information needs, which bears eloquent testimony to the urgent requirement for setting up a global standard-setting body on “Sustainability reporting”.
According to the announcement, the “ISSB” will sit alongside and work in close cooperation with the International Accounting Standards Board (“IASB”) ensuring connectivity and compatibility between IFRS Accounting Standards and the ISSB’s standards—IFRS Sustainability Disclosure Standards.
This key development will further drive the sustainability ecosystem globally, along with having a positive impact across the Middle East. Both CFOs and finance functions will play a critical role in the adoption of sustainability reporting, working closely with their Sustainability teams to ensure the relevant disclosure and transparency.
Join our webinar on 12 January from 3pm to 6pm UAE, where we will cover this historic announcement in further detail, along with the critical role that finance professionals and sustainability leaders play in adopting this in the Middle East.
You will get an opportunity to ask questions during the summit. Please feel free to submit questions in advance here.
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