Wider adoption, more standardization needed for company plans to be useful for financial regulation
IOSCO members launch group to support ISSB standards adoption
CSSB issues final standards, CSA still working on rule that would mandate disclosure
Lack of standards inhibits consistent, comparable disclosure, regulators find
Few companies fully reporting voluntarily, mandatory standards scarce
Regulators' reviews lead to more enforcement, refiling action
Large companies, financial institutions to start climate-related financial disclosures in 2025
Standards setter defines its policy direction beyond climate disclosures
Regulators cite data gaps, lack of standards, pervasive risks as obstacles
Regulators provide feedback to assurance standards setters