GENERAL REQUIREMENTS EXPOSURE DRAFT: COMMENTS ABOUT A RESPONSIBLE REPORTING

MARINA Alexandra-Gabriela, Lucian Blaga University of Sibiu

Abstract:
Exposure Draft IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (General Requirements Exposure Draft) was published by the International Sustainability Standards Board (ISSB) in March 2022 as a standard for how to present sustainability-related information. The goal of this research is to analyse the feedback received on the initial exposure draft of the IFRS S1. The goal will be reached by using content analysis to bring out the opinions of respondents and show how the standard is moving. This would give the public a full set of financial information related to sustainability. The goal of the public consultation is to create a global database of sustainability-related presentations that investors can use to figure out how much an enterprise is worth. Because both financial and non-financial information is important, the public is very supportive of the ISSB s proposal, as shown by the large number of comment letters that were sent. Sustainability and reporting are usually each dealt with in their own document. But more and more businesses are putting together a single report that includes information about the environment, sustainability, staff, and the business as a whole.

Keywords: ISSB, Sustainability, Comment letters

JEL Classification: M40, M41, Q56

Volume: 74, Issue: 2

Pages: 22 - 29

Publication date: September, 2022

DOI: 10.56043/reveco-2022-0013

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/74203marina.pdf

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