Eumedion supports proposed changes to the IFRS Foundation Constitution

News · 15-07-2021

Eumedion welcomes the proposed amendments to the constitution of the IFRS Foundation. The proposed amendments pave the way for the establishment of a global sustainability reportings standards setter as propagated by Eumedion. This the key message of today's submitted Eumedion response to the consultation document of the IFRS Foundation.

The proposals expand the objectives of the Foundation to encompass the development of globally accepted sustainability reporting standards. They will mandate the IFRS Trustees to create an International Sustainability Standards Board. The proposals illustrate how well aligned the Foundation's intentions are with the vision Eumedion expressed in its 2020 position paper ‘Towards a global, investor focused standard setter for corporate sustainability reporting’. Eumedion complements its strong support for the overall direction of the Foundation on this matter with feedback on specific topics.

Relevant documents

Eumedion's response to the IFRS Foundation consultation document


IFRS Foundation consultation document on amendments to its constitution