ECB, IMF call on climate standard setters to align company disclosures

The aim is for more rigorous reporting to make 'greenwashing' or inflated climate-friendly claims, harder.While widely backing the creation of global norms, many call for better definitions of key concepts, a longer phase-in, and stress the need for them to be 'interoperable' with standards being written by the European Union and U.S. Securities and Exchange Commission.

"Therefore, interoperability between the forthcoming ISSB standards and jurisdictional requirements remains one of the largest challenges that harmonization work ultimately faces... it is important to avoid further fragmentation," the International Monetary Fund said.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies Have Been Fleeing to Low-Tax States. Here's Why That May Be Bad News for WorkersMany states are offering companies enticing incentives like lower taxes if they move their operations, but a superior business climate doesn't always equate to a superior working climate. It would be terrible if my employer paid less taxes and could afford to pay me more How many times has GG met with FTX in last 2 years? Why did he miss FTX with SBF right there in his office SEVERAL times? Any mention of the overall medical & educational levels in those states?
Source: nbcbayarea - 🏆 596. / 51 Read more »