ESG Reporting Flap Leads Sustainability Board Advisers to Resign

Three members of an influential advisory group have resigned in protest of comments by the head of the International Sustainability Standards Board that EU-style environmental, social, and governance impact reporting by companies might be overly ambitious.

In LinkedIn posts Wednesday and Thursday, Philippe Diaz, Duncan Pollard, and Cora Olsen said they had resigned from the ISSB’s Technical Reference Group, protesting the comments from ISSB Chair Emmanuel Faber and saying their group had been largely bypassed. In an article for French daily Le Monde earlier in the week, Faber described calls for European-style impact reporting as “simplistic” and said European regulators ...