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.
European Council and Parliament finalise political compromise on the Corporate Sustainability Reporting Directive (CSRD)
On 21 June 2022, the Council and the Parliament of the European Union announced that they had reached agreement on an amended version of the draft CSDR issued in April 2021.
New appointments make ISSB quorate
Since the formation of the International Sustainability Standards Board (ISSB) and the appointment of Emmanuel Faber as Chair and Sue Lloyd as Vice-Chair, the IFRS Foundations has been busy recruiting other Board members, with the final number set to be fourteen.
ISSB and EFRAG draft standards on sustainability disclosures: a comparative analysis
In recent months, work on the standardisation of sustainability reporting has accelerated, requiring stakeholders to invest significant resources in understanding the proposals and their potential impacts.
ISSB creates working group to enhance compatibility of sustainability disclosure standards
On 27 April 2022, the International Sustainability Standards Board (ISSB) announced the creation of a working group comprising representatives of different jurisdictions, to establish a dialogue to enhance compatibility between the proposed IFRS Sustainability Disclosure Standards and jurisdictional initiatives (particularly in Europe and the United States). The ISSB’s goal is to establish a global baseline of recognised international standards, used across the world, in order to meet users’ needs.
Two new reports published by Platform on Sustainable Finance
The Platform on Sustainable Finance, which advises the European Commission on the EU taxonomy for sustainable activities, published two final reports at the end of March 2022. The reports, which are available here, have been eagerly awaited by economic and financial organisations.
Sustainability reporting: EFRAG and ISSB finalise governance structures, and first public consultations are launched
March 2022 has been a busy month on both the governance front and the technical front for sustainability standard-setters in Europe and worldwide.