The release of the proposed IFRS Sustainability Disclosure standards represents a significant transition to globally consistent standards, which aims to prevent greenwashing.
There is no doubt that ESG reporting has grown in popularity in the last few years. The release of the proposed IFRS Sustainability Disclosure standards represents a significant transition to globally consistent standards, which aims to prevent greenwashing.
While this reporting is important, it raises more questions than answers. What do Finance teams need to do to be ready for sustainability reporting? How can you treat this as a strategic enabler, rather than just an additional cost of doing business?