Our Secretary-General and BDC executives met with the IFRS Foundation and the Chartered Professional Accountants of Canada (CPA Canada) last week. These two institutions are at the heart of the operations to open the Montreal center of the new International Sustainability Standards Board (ISSB). We look forward to joining efforts in support of SMEs and the sustainable finance ecosystem.
According to Montreal International, who played a key role in this important milestone for the city” “Montréal is now part of the solution to a complex problem that requires all nations across every continent to join together”. For more information about how Montreal was selected, click here.
International investors are increasingly calling for high-quality, transparent, reliable and comparable reporting by companies on climate and other environmental, social and governance (ESG) matters.
Founded in November 2021, the ISSB will deliver a comprehensive global baseline of sustainability-related disclosure standards that provide investors and other capital market participants with information about companies’ sustainability-related risks and opportunities to help them make informed decisions.