ICAEW AF · Chapter 2 · Question 5 of 7
What is the main aim of the International Sustainability Standards Board (ISSB)?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) To develop IFRS Sustainability Disclosure Standards that provide a global baseline of sustainability-related information for investors and other capital market participants
Explanation
The ISSB was established by the IFRS Foundation to develop IFRS Sustainability Disclosure Standards. These are intended to provide a comprehensive global baseline of sustainability-related disclosures that meet the information needs of investors and capital markets. The ISSB sits alongside the IASB; it does not replace it, set taxes or audit reports.
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