Comment Letter

IFRS Foundation Consultation on Sustainability Reporting

Tuesday, December 22, 2020

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In this comment letter, the CAQ  provides views to the IFRS Foundation’s Consultation Paper on Sustainability Reporting. The CAQ is supportive of the IFRS Foundation’s efforts to develop and seek comment on this consultation on sustainability reporting. While the building blocks of reliable, comparable and relevant ESG information begin with a foundation of quality reporting by company management, the challenge for companies to determine what types of ESG information to report, and how to communicate relevant information to stakeholders in a landscape of multiple frameworks and standards, is real. A globally accepted system built from existing standards and frameworks that can be adapted to the market needs in different jurisdictions would help support companies in presenting ESG information that is comparable. Read the full comment letter here.