Global ESG Body Prioritizes Rule Rollouts Over New Standards

Jan. 6, 2025, 5:01 AM UTC

The International Sustainability Standards Board plans to spend 2025 helping countries adopt its first two sets of rules rather than issuing any new standards.

The board—established in 2021 with heavyweight backing from bodies such as the G7 and World Bank—will continue to focus on the rollout of climate and general sustainability reporting standards issued in 2023. Its goal is to provide consistent information for investors worldwide concerned about companies’ performance on sustainability issues.

“Significant progress has been made during 2024,” the board stated in an email. “More than 30 jurisdictions, both from developed and emerging markets, have already taken action ...

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