Summary
On Thursday, a global standard-setting authority announced that 14 countries will undoubtedly implement its new environmental, social, and governance reporting regulations, while 36 jurisdictions are currently in the process of doing so.
Bloomberg Law
"A global standard-setting board said Thursday that 14 countries will definitely use its new environmental, social, and governance reporting rules, with 36 jurisdictions in total working toward using them.
The International Sustainability Standards Board published profiles of 17 countries that will use, or partially use, its reporting rules. Fourteen of these, including Brazil and Mexico, will require local big companies to use the ISSB’s first two sets of rules, which took effect in 2024. These cover climate and general sustainability reporting.
Another two countries, Australia and Jordan, will only require climate reporting. Switzerland won’t require ISSB reporting but will allow ..."
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This article was originally published in Bloomberg Law
