This quarter’s webinar focuses on a range of exciting sustainability activities. The agenda will include:
- An update and sneak preview from the SSE team on their upcoming training on ISSB
- A preview of a forthcoming template guidance for exchanges to guide their markets on ISSB-aligned disclosures
- Exchanges’ call to action: invitation to endorse the ISSB standards
As usual, we have two call options to accommodate the many time zones of our partners, either at 09:00 or 16:00 Geneva Time (Central European Time).
What are the ISSB standards?
The Trustees of the IFRS Foundation announced the formation of the International Sustainability Standards Board (ISSB) on 3 November 2021 at COP26 in Glasgow, following strong market demand for its establishment. In June 2023, the new ISSB standards, designed to provide a global baseline of sustainability-related disclosure for capital markets, were issued. The standards are comprised of S1 and S2. Stock exchanges play an instrumental role in helping companies to adopt and use these standards and therefore the UN SSE has partnered with the ISSB to provide exchanges with support through guidance and training.
New SSE Capacity building: Free ISSB training available for your market
As previously announced, the SSE has partnered with the IFRS Foundation to provide training on the adoption of the ISSB standards, free of charge. To answer many exchanges questions about the content of this training, the SSE and its training partners at the IFRS Foundation will provide a sneak peek of the training and answer questions on how to book training for your market.
Call to Action: Exchanges are invited to endorse the ISSB standards
The transition to a net zero, sustainable global economy requires an efficient allocation of capital, and effective management of the associated risks and opportunities. In this context, consistent, reliable and decision-useful sustainability data from organisations is essential. Yet, as it stands, there remain significant gaps in even the most basic sustainability-related data. Exchanges can play a crucial role, engaging with relevant authorities and policymakers to assist and speed up the adoption of the new ISSB standards. During this webinar, representatives from LSEG will present a Call to Action and invite peers to endorse the standards.
- Summary and Presentation
The SSE team welcomed the Bolsa de Valores de El Salvador as a new Exchange partner and presented with IFRS the latest updates regarding the upcomming Model Guidance and training on ISSB Standards. Exchanges also heard from GFANZ on transition plans and how they will be included in the Model Guidance. IFC highlighted its technical assistance services for emerging markets. In addition, LSEG representatives presented a call to action to promote the adoption of the ISSB Standards. Finally, the SSE reiterated its invitation to the 2023 World Investment Forum in Abu Dhabi from the 16th to the 21st of October.
Slides
- List of Participants