Arcticle’s by JOANNA KRASODOMSKA

Accounting, traditionally seen as a tool for optimizing economic performance, is now increasingly recognized as essential for supporting sustainability initiatives. Accountants play a key role in advancing sustainable development through their expertise in governance, risk management, business analysis, and their ability to effectively track and report on companies’ performance, as well as verify their reporting. The recently introduced Corporate Sustainability Reporting Directive (CSRD) expands reporting requirements to a broader range of companies and mandates assurance of these reports to enhance the quality and reliability of the information provided. How do accountants perceive these changes, and what factors influence their opinions…

The ISSB published the Request for Information Consultation on Agenda Priorities on 4 May 2023. The objective of the agenda consultation was to ask all those interested in sustainability-related financial reporting for their views on: the strategic direction and balance of the ISSB’s activities; the suitability of criteria for assessing which sustainability-related matters (including topics, industries and activities) to prioritize and add to the ISSB’s work plan; and a proposed list of new research and standard-setting projects that could be added to the ISSB’s work plan. In reply to the Consultation Paper on Request for Information, the Stakeholder Reporting Committee…