International Sustainability Standards Board (ISSB)’s Post

#ISSB Chair Emmanuel Faber took a trip to the Bloomberg TV studios in London on Tuesday morning, where he was interviewed live on The Pulse with Francine Lacqua. In the interview, he says there will soon be an added cost for economies and companies that don't join the sustainability reporting and disclosure framework created by the ISSB. Watch the full interview here: https://lnkd.in/eZPxD7Gf

Not Joining ESG Reporting Standard to Incur Cost Soon, ISSB Chairman Says

Not Joining ESG Reporting Standard to Incur Cost Soon, ISSB Chairman Says

bloomberg.com

Arguing that the main incentive to "get locked in" by ISSB is to avoid rising costs, is to reduce the world to CFOs and investors. If we take a closer look at what banks and insurers are saying, it becomes quite clear that we need to move to #doublemateriality as soon as possible and that the ISSB's investor-centric approach is only a second filter.

panya laongthong

Senior Corporate Sustainability Development Integration Specialist at Kasikornbank PCL.

2mo

When do you collaborate with the GRI Standards?

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Dr. William Cox

Co-founder and CEO at Yieldrive AG

2mo

I watched the interview. Informative.

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José Manuel García Vos

Senior Executive of Finance & Advanced Accounting | CFO & CAO | Consolidation, Audit & FP&A Expert | Subsidiaries Controlling | Due Diligence & M&A | ESG & GRC | Digital Transformation & ERPs Implementation

2mo

Thanks for sharing

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