ISSB Chair Emmanuel Faber: Leading Sustainable Finance Transformation

With endorsements from the G20, UN, World Bank, IOSCO, the ⁠International Sustainability Standards Board (ISSB) ⁠stands at the forefront of standard-setting efforts, shaping the future of sustainable finance and reporting worldwide. Founded in 2021 at COP26 in Glasgow, under the stewardship of ⁠Emmanuel Faber as Chair⁠, the ISSB has become a globally recognized and respected standard-setter. Within its first two years, the ISSB has issued the inaugural IFRS Sustainability Disclosure Standards: IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. It reduced the ‘alphabet soup’ of sustainability disclosures by incorporating standards and frameworks from the Value Reporting Foundation, the Climate Disclosure Standards Board, and the Task Force on Climate-related Financial Disclosures (TCFD) into ISSB Standards. - It secured endorsement of its Standards by the International Organization of Securities Commissions (IOSCO) and published a roadmap for supporting jurisdictional adoption. - Already, on Finance day at COP28, close to 500 organizations from 64 jurisdictions, representing $120 trillion in assets, have signed the statement of support. - Global regulatory backing comes from regulators and standard setters from 40+ jurisdictions, including ASEAN, EU, Japan, UK, and more. ⁠Emmanuel Faber, a pioneer for decades⁠ - leading as CEO and Chairman of Danone to become a global leader in corporate sustainability - was named one of the "World’s 50 Greatest leaders" by Fortune. This background makes him the perfect fit for the ISSB to revolutionize sustainability reporting. Key topics include: - The rationale behind new global ISSB standards - The implementation of a global scanning system for the company's entire value chain. - The significance of Scope 3. - Future-proofing businesses. - Up-skilling boards. - The urgency of addressing climate change. - Aligning corporate practice with ESG and SDG principles to drive long-term value creation. And more.

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