As Arguden Governance Academy, we invited to the IFRS Sustainability Symposium held in Montreal on February 16–17 as a Knowledge Partner. Our Chairman of the Board of Trustees, Dr. Yılmaz Argüden, and our Board Member Gizem Argüden Oskay participated in the symposium.
Montreal, 16 – 17 February 2023
The IFRS Sustainability Symposium brought together global businesses, investors, and policymakers to discuss progress towards a global foundation for sustainability disclosures to inform investment decisions.
The IFRS Sustainability Symposium was the first meeting for companies, investors, and consultants to discuss the global foundations of sustainability disclosures for investors.
The main topics of discussion at the symposium included:
Last year, the ISSB was established under the roof of IFRS by consolidating different sustainability standards in order to develop comparable global standards that could make sustainability reporting mandatory for companies and have an impact on investor decisions.
Kevin Deer, Mohawk leader, began his opening speech at the Summit with the words “We are the guardians and protectors of our planet and nature for future generations.” Emmanuel Faber, Chairman of the ISSB, shared that the first part of global sustainability standards will be announced in June 2023 and will come into effect in January 2024.
At the panels of the Summit, it was emphasized how the standards were created from the perspective of being useful to participants and decision-makers. Different perspectives on the use and development process of the standards by companies at different scales and levels of development were discussed.
At the Symposium, as the Argüden Governance Academy:
