Updates on jurisdictional adoption of sustainability reporting
The latest developments in adoption of the IFRS SDS around the world include:
• Switzerland – The Federal Council of Switzerland published a consultation which is open for comment until 17 October 2024 with two documents: Amendment to the Code of Obligations (transparency on sustainability aspects)—Explanatory report on the opening of the consultation procedure and Code of Obligations (transparency on sustainability aspects)—Preliminary draft.
• Chile – the Financial Market Commission (CMF) has issued regulatory proposals, modifying reporting requirements in the Integrated Annual Report, for public comment by 27 September 2024. The proposals include the application of IFRS S1 and S2 from 2026 for reporting on sustainability information.
• Translations of the IFRS SDS are now available in Japanese and Korean.
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