Sustainability Section - Doing Business
You will find here a series of summaries providing an overview of useful sustainability regulations, processes and sustainability issues for Doing Business in Thailand.
IFRS Foundation and ISO commit to cooperating to advance sustainability reporting
On 3 December 2023, also at COP28, the IFRS Foundation and the International Organization for Standardization (ISO) confirmed their commitment to supporting companies in preparing their sustainability reporting by pooling their respective expertise.
Around 400 organisations commit to advancing use of ISSB climate global baseline
On 4 December 2023, the ISSB issued a press release reporting the announcement made at COP28 that around 400 organisations, from 64 jurisdictions, had committed to advancing the adoption or use of the ISSB Sustainability Disclosure Standards at a global level, with regard to climate-related reporting.
Brazil adopts ISSB’s IFRS Sustainability Disclosure Standards
On 20 October, the IFRS Foundation issued a press release stating that the IFRS Sustainability Disclosure Standards published by the International Sustainability Standards Board (ISSB), namely IFRS S1 – General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 – Climate-related Disclosures will be incorporated into the Brazilian regulatory framework, setting out a roadmap to move from voluntary use starting in 2024 to mandatory use on 1 January 2026.
TNFD publishes recommendations on management of nature-related risks and associated disclosures
On 18 September, the TNFD (Task Force on Nature-related Financial Disclosures) published 14 recommendations to help companies and financial institutions to (i) manage their nature-related dependencies, impacts, risks and opportunities and (ii) voluntarily disclose information on how these are managed.
ISSB announces membership of Transition Implementation Group
The ISSB (International Sustainability Standards Board) announced on 14 September 2023 that it had appointed 17 technical experts on sustainability and/or financial reporting as members of its Transition Implementation Group (TIG).
ISSB Sustainability Disclosure Standards: final versions of IFRS S1 and IFRS S2 issued
Explore the latest IFRS Sustainability Disclosure Standards, IFRS S1 and IFRS S2, addressing climate and sustainability-related financial disclosures. Understand key points, application timelines, and interoperability with other frameworks.
ISSB: publication of first IFRS Sustainability Disclosure Standards
On 26 June 2023, the International Sustainability Standards Board (ISSB) published the final versions of its first sustainability disclosure standards.
ISSB: call for feedback on the Board’s future work plan
On 4 May 2023, the International Sustainability Standards Board (ISSB) published a Request for Information
ISSB: publication of an exposure draft to enhance the international applicability of SASB standards
On 11 May 2023, the International Sustainability Standards Board (ISSB) published an exposure draft
Guide to the impact of the CSRD on non-EU groups and their EU subsidiaries
Mazars has just published a guide