First Two Global ESG Reporting Standards Issued Include Climate

The International Sustainability Standards Board issued its first two standards Monday, covering climate and general sustainability reporting requirements.

The two reporting rules will be the first mandatory ESG reporting standards for global companies and are part of a future effort. In time, the ISSB intends to issue reporting rules covering the full range of environmental, social, and governance issues.

• “We know that better information leads to better economic decisions. Today’s publication is just the starting point as we consult on our future priorities, beyond climate,” ISSB chair Emmanuel Faber said in a statement.
• The climate standard is based on ...