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This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. and also identified as one the Five Key Trends to Watch in 2022.
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He adds that prioritising climate-related disclosures provides companies the opportunity to leverage data to transform their business and operations for a low-carbon future amid the fight against climate change and the emphasis on decarbonisation. Importantly, their experience offers valuable lessons for other countries in the region."
The Steward must ensure company compliance with financial reporting and control requirements. Accounting knowledge (IFRS and taxation). Information quality and control rationalisation are top-of-mind issues for the Steward. Competencies include: Working knowledge of risk management, budget, and forecasting tools.
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