Reported 3 months ago
The International Accounting Standards Board (IASB) has introduced guidance aimed at enhancing companies' disclosure on the impacts of climate change on their financial results. This initiative seeks to address investor concerns over the clarity and consistency of climate-related financial information, which is currently often provided separately and without rigorous auditing. By integrating sustainability disclosures into financial statements, the IASB aims to help investors assess the potential future value of assets affected by climate change.
Source: YAHOO