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Government Bodies to Mirror Private ESG Reporting Requirements

May 9, 2022, 3:00 PM

The drive for mandatory global sustainability reporting gathered pace Monday, with the publication of proposals for public-sector ESG reporting.

The International Public Sector Accounting Standards Board launched a global consultation on developing a sustainability reporting framework for the public sector. It said the move came in response to pressure from bodies such as the World Bank to develop reporting standards for government bodies, and that it would work closely with private-sector standard setters such as the International Sustainability Standards Board.

  • “The IPSASB has the experience, processes, and relationships to develop global public sector sustainability reporting guidance,” Ian Carruthers, IPSASB’s ...