UK Finance welcomes the opportunity to respond to the International Sustainability Standards Board’s consultation on its Exposure Drafts IFRS S1 “General Requirements for Disclosure of Sustainability-related Financial Information” and IFRS S2 “Climate-related Disclosures”, which aim to develop a comprehensive global baseline of sustainability disclosures for the financial markets.

We welcome the ISSB Exposure Drafts in working toward a global standard which will provide structure and comparability for sustainability- and climate-related disclosures across jurisdictions and firms worldwide.

Area of expertise: