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.