IOSCO’s GEM Committee launches a Network to help its members adopt or other use of ISSB Standards
IOSCO’s GEM Committee launches a Network to help its members adopt or other use of ISSB Standards
The International Organisation of Securities Commission’s (IOSCO) Growth and Emerging Markets (GEM) Committee has launched a dedicated Network to support its members in adopting or using the International Sustainability Standards Board (ISSB) Standards.
This initiative is a significant step towards the adoption of the IFRS Sustainability Disclosure Standards in jurisdictions represented in IOSCO's GEM Committee.
The initial cohort includes 31 jurisdictions, representing the majority of emerging market jurisdictions' market capitalisation, with more members expected to join soon. At the launch event in Ankara, Türkiye, ISSB Chair Emmanuel Faber emphasised the importance of this milestone for global sustainability-related reporting and the benefits of aligning disclosure requirements with the global baseline.
The press release can be accessed at the link.
This initiative is a significant step towards the adoption of the IFRS Sustainability Disclosure Standards in jurisdictions represented in IOSCO's GEM Committee.
The initial cohort includes 31 jurisdictions, representing the majority of emerging market jurisdictions' market capitalisation, with more members expected to join soon. At the launch event in Ankara, Türkiye, ISSB Chair Emmanuel Faber emphasised the importance of this milestone for global sustainability-related reporting and the benefits of aligning disclosure requirements with the global baseline.
The press release can be accessed at the link.