On 31st January 2022, the Climate Disclosure Standards Board (CDSB) was consolidated into the IFRS Foundation to support the work of the newly established International Sustainability Standards Board (ISSB). While this site and its resources remain relevant for preparers looking to improve sustainability disclosure until such time as the ISSB issues its IFRS Sustainability Disclosure Standards on such topics, no further work or guidance will be produced or published by CDSB. For further information please visit the IFRS website.

ASX corporate governance principles must ensure consistency and materiality of information

CDSB and CDP support ASX's objectives to encourage environmental and social disclosure, but proposes amendments to achieve intended outcome.

CDSB and CDP (formerly the Carbon Disclosure Project) have responded to the Australian Securities Exchange's consultation on the review of their corporate governance principles and recommendations. The full response is available here.

Among others, the response suggests a provision requiring that companies should include sustainability representatives at C-suite and Board level, ensure that reporting requirements are put in place to ensure material consistent and comparable information. We therefore recomend that CDP and CDSB's Frameworks be recognised and included in the Principles along with GRI and the UN Global Compact.

Read the full response

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