Accountancy Europe has responded to IFRS Foundation’s consultation paper on sustainability reporting.
We welcome the IFRS Foundation’s proposal and consider it as a necessary step towards global non-financial information (NFI) reporting standards.
We also provide suggestions to the IFRS Foundation on:
- setting out a clear vision for interconnected standard setting for corporate reporting
- working towards a conceptual framework for interconnected standard setting
- developing an approach to materiality
- collaborating with global and European stakeholders
- building upon the work of existing NFI initiatives