The Future of Sustainability Reporting with ISSB Standards - Assurance Requirements

The International Sustainability Standards Board (ISSB) was established by the International Financial Reporting Standards (IFRS) Foundation Trustees to meet investors' demand for global ESG disclosure standards, aiming to simplify reporting and introduce comprehensive sustainability disclosures. The objective of the IFRS Sustainability Disclosure Standards is to enhance effectiveness, efficiency, comparability, and decision-usefulness in corporate sustainability reporting.

As global momentum toward sustainability reporting grows, attention shifts to assurance's crucial role in ensuring high-quality reporting. Mandatory assurance is increasingly sought to boost credibility, mitigate greenwashing risks, and standardize assurance practices worldwide. To address this, the International Auditing and Assurance Standards Board (IAASB) is developing a universal standard for sustainability reporting assurance, while audit committees oversee reporting and assurance oversight.

Join the ICD and CPA Canada on March 6, 2024, for the third webinar of a four-part series, "The Future of Sustainability Reporting with ISSB Standards – Assurance Requirements," to gain clarity on sustainability reporting and assurance developments and equip your board with the knowledge to adapt.