Support is building among investors, accountants and regulators behind an IFRS Foundation plan to launch a new body to set global sustainability reporting rules.
Many of the backers, however, have outlined specific changes to the framework before it moves ahead.
The foundation, parent body of the International Accounting Standards Board, proposed changes to its constitution in April to allow it to expand its scope from financial accounting to sustainability reporting. At the same time it summarized feedback to an earlier consultation that found widespread support for its launching a sustainability standards board to develop the first binding green reporting ...