The IAASB and IESBA have issued landmark standards aimed at advancing trust and transparency in sustainability reporting and assurance.
Taken together, these new and revised standards provide a unified global approach to addressing the growing market demand and calls from regulators and other stakeholders for trustworthy sustainability information to support stakeholder decisions.
These standards establish clear expectations for ethical behavior in sustainability reporting and assurance, empowering practitioners and organizations to enhance trust and confidence in sustainability information.
The standards share five common goals:
- Equipping global markets with a cohesive package of standards.
- Offering a global baseline and leveling the playing field by meeting market demands and regulatory calls and expectations for profession-agnostic global standards.
- Providing a framework-neutral approach that allows ISSA 5000 and IESSA to be applied in relation to sustainability information prepared under any suitable sustainability reporting framework.
- Promoting informed decision-making based on trust and independently assured sustainability information.
- Mitigating risks of fraud, including greenwashing, and non-compliance with laws and regulations.
Access the IAASB and IESBA Standards and Guidance
Support from Global Leaders
Jean-Paul Servais, Chair, International Organization for Securities Commissions (IOSCO)
Sue Lloyd, Vice-Chair, International Sustainability Standards Board
Paul Munter, Former Chair, Monitoring Group, and Former Chief Accountant, Office of the Chief Accountant, US Securities and Exchanges Commission (SEC)
Carol Adams, Chair, GRI's Global Sustainability Standards Board
Alan Johnson, Chair, Stakeholder Advisory Council
Sebastian Soares, President, Institute of Independent Audit of Brazil (IBRACON)
Jessica Fries, Executive Chair, Accounting for Sustainability (A4S)
Emanuele Riva, Chair, International Accreditation Forum (IAF)