Climate Disclosure Standards Board

The Climate Disclosure Standards Board (CDSB) was consolidated into the IFRS Foundation on 31st January 2022 to support the work of the newly established International Sustainability Standards Board (ISSB). This move positions CDSB as a significant player in the sustainability disclosure space. However, the site and its resources will remain relevant for preparers looking to improve sustainability disclosure until the ISSB issues IFRS Sustainability Disclosure Standards. The consolidation represents a strategic collaboration with the potential for substantial impact on Financial Services and wider industries. Investors and stakeholders in the sustainability and standards space will be keenly watching the developments at the IFRS Foundation. This alignment is indicative of the growing significance and momentum in sustainability reporting and could present potential investment opportunities for those interested in this niche.