IESBA’s consultation on the Proposed International Ethics Standards for Sustainability
IESBA’s consultation on the Proposed International Ethics Standards for Sustainability
On 10 May 2024, the International Organisation of Securities Commissions (IOSCO) congratulated the International Ethics Standards Board for Accountants (IESBA) on reaching a significant milestone by publishing for consultation their Proposed International Ethics Standards for Sustainability Assurance (IESSA) and Other Revisions to the Code Relating to Sustainability Assurance and Reporting.
IOSCO will continue to play a crucial role in promoting global consistency in the assurance of sustainability-related disclosures by market issuers. It will also support its members and other stakeholders in enhancing trust in corporate sustainability-related reporting.
As part of its updated 2024 Work Plan, IOSCO will establish a new workstream on green finance to identify trends and potential emerging risks associated with new green products. It will maintain its engagement with the ISSB, finalise its work on voluntary carbon markets, and review the proposed assurance and ethics standards by the International Auditing and Assurance Standards Board (IAASB) and IESBA.
Further details can be found in the media release.
IOSCO will continue to play a crucial role in promoting global consistency in the assurance of sustainability-related disclosures by market issuers. It will also support its members and other stakeholders in enhancing trust in corporate sustainability-related reporting.
As part of its updated 2024 Work Plan, IOSCO will establish a new workstream on green finance to identify trends and potential emerging risks associated with new green products. It will maintain its engagement with the ISSB, finalise its work on voluntary carbon markets, and review the proposed assurance and ethics standards by the International Auditing and Assurance Standards Board (IAASB) and IESBA.
Further details can be found in the media release.