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ISSB to monitor TCFD from 2024

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Published on: 10 July 2023
Published by LNB News

LNB News 10/07/2023

Document Information

Issue Date: 10 July 2023

Published Date: 10 July 2023

Jurisdiction(s): United Kingdom

Article summary

The Financial Stability Board (FSB) has asked the International Financial Reporting Standards (IFRS) Foundation to monitor the progress on companies’ climate-related disclosures from the Task Force on Climate-related Financial Disclosures (TCFD). This follows the publication of the International Sustainability Standards Board (ISSB) Standards which fully incorporate the TFCD’s recommendations. The IFRS Foundation will begin monitoring from 2024 when the ISSB Standards will apply globally.

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