wef_ibc_excom_statement_to_ifrs-a69d092394657546.pdf

The International Business Council of the World Economic Forum supports the IFRS Foundation in establishing a global Sustainability Standards Board (SSB) to promote consistency and comparability in sustainability disclosures. The Council advocates for a coordinated global corporate reporting system and intends to contribute its 'Stakeholder Capitalism Metrics' to the development of these standards. While acknowledging a 'climate first' approach due to the urgency of climate change, the Council emphasizes the need for standards covering governance, planet, people, and prosperity.

• The International Business Council supports the IFRS Foundation (IFRSF) in establishing a global Sustainability Standards Board (SSB) to improve the consistency, comparability, and trust of information disclosed regarding governance, planet, people, and prosperity.
• The World Economic Forum will participate in a working group to accelerate the convergence of global sustainability reporting standards and provide technical preparation for the SSB, utilizing the Forum's existing work on cross-industry metrics and disclosures.
• The IFRS Foundation is adopting a 'climate first' approach to standard-setting because of the urgency of climate change, although the SSB is expected to eventually address other sustainability-related matters.
• The International Business Council previously identified a set of 'Stakeholder Capitalism Metrics' in 2020 to be used in mainstream corporate reports across various sectors and industries.

APA

World Economic Forum (n.d.). wef_ibc_excom_statement_to_ifrs-a69d092394657546.pdf. https://www3.weforum.org/docs/WEF_IBC_ExCom_Statement_to_IFRS.pdf

Chicago

World Economic Forum. wef_ibc_excom_statement_to_ifrs-a69d092394657546.pdf. n.d. https://www3.weforum.org/docs/WEF_IBC_ExCom_Statement_to_IFRS.pdf.

Wikipedia

{{cite press release |author=World Economic Forum |title=wef_ibc_excom_statement_to_ifrs-a69d092394657546.pdf |url=https://www3.weforum.org/docs/WEF_IBC_ExCom_Statement_to_IFRS.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{worldeconomicforumndwefibcexcomstatementtoifrsa69d092394657546pdf, author = {{World Economic Forum}}, title = {{wef\_ibc\_excom\_statement\_to\_ifrs-a69d092394657546.pdf}}, publisher = {World Economic Forum}, url = {https://www3.weforum.org/docs/WEF_IBC_ExCom_Statement_to_IFRS.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }