IESBA Launches Public Consultation on New Ethical Benchmark for Sustainability Reporting and Assurance

The International Ethics Standards Board for Accountants (IESBA) announced the launch of public consultations on two Exposure Drafts aimed at establishing a global ethical benchmark for sustainability reporting and assurance. These drafts propose comprehensive ethical standards for sustainability assurance practitioners and accountants involved in sustainability reporting, with the goal of enhancing the quality and trust in sustainability information. This initiative seeks to address issues like greenwashing and improve the credibility of sustainability disclosures.