Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), confirmed, on Friday 31 March, that there will be no equivalence between international and European Sustainability Reporting Standards (ESRS)(see EUROPE B13130A12), at a conference organised by the Bruegel think tank.
The ‘CSRD’ directive on corporate sustainability reporting (see EUROPE B13069A25) “is about political requirements, while we are about investors and market functioning”, he stressed....