CFO Conversations with Deb Ivison #3: Latest legalities around ESG reporting.

“What's come out just in the last couple of months is the new Global accounting sustainability standards from The Institute of Sustainability Standards Board which is a new board that's been established by IFRS. So the people that  are watching this will know exactly what IFRS  is and they've come up with a new board that's now come up with these two new standards. So what has happened now, in simple terms, is that we've  moved from a voluntary disclosure and reporting requirements to now mandatory. So that means  everybody, you know, the world over has now got to think about the impact that their business is having on the environment in which it operates and not just think about the impact but actually  measure the impact and report on that impact. Now that's going to be quite a big step for a lot of businesses that have not even thought about this.” - Paula Kensington

To watch the full interview, check the video below: