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Global ESG Accounting Board Boss to Be Paid $900,000 (1)

March 4, 2022, 3:43 PMUpdated: March 4, 2022, 5:12 PM

The chair of the International Sustainability Standards Board will be paid around $900,000 a year, the group’s parent body said Friday.

The IFRS Foundation said by email that “ISSB salaries are the same as IASB.” It pointed to its latest accounts, for fiscal year 2020, which showed that the International Accounting Standards Board chair that year, Hans Hoogervorst, was paid 686,000 pounds ($907,000).

  • The creation of the new board, which is to set the first binding international rules for sustainability—or environmental, social, and governance—reporting, was only announced in November. This is the first time that pay levels have been disclosed. ...