Comment: Europe should not trade away its sustainability reporting model

"A last-minute proposal to align EU standards with the ISSB risks reshaping the European model of sustainability reporting, writes Frédéric Ducoulombier."

In testimony before the European Parliament, Emmanuel Faber, chair of the International Sustainability Standards Board (ISSB), the IFRS Foundation’s sustainability standard-setter, outlined a proposal to grant the EU “full ISSB adopter” status in exchange for adjustments to the European Sustainability Reporting Standards (ESRS).