The International Sustainability Standards Board (ISSB) does not target small and medium-sized enterprises (SMEs), but ensures that they are included in the value chain, stressed ISSB Chairman Emmanuel Faber at a hearing of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) on Monday 2 September.
Questioned by MEP Markus Ferber (EPP, Germany), Mr Faber added that the ISSB was not looking for SMEs to adopt sustainability reporting standards or for regulators to...