Institute of Chartered Accountants of India
Announcement
XBRL India
The Institute of Chartered Accountants of India
July 19, 2022
IFRS Foundation document issued for comments: Staff draft of the IFRS Sustainability Disclosure Taxonomy
The Global High Quality Sustainability Disclosure Standards are being formulated by IFRS Foundation through its International Sustainability Standards Board (ISSB) in order to cater to the needs of the capital providers and other stakeholders derived from the effects of Environmental, Social and Governance (ESG) issues on the entities. ISSB also intends to develop Sustainability Disclosure Taxonomy to enable digital consumption of these disclosures.
In this regard, a staff draft of IFRS Sustainability Disclosure Taxonomy is issued by the IFRS Foundation for the public views. This draft sets out the initial thinking of staff of IFRS foundation for development of proposed IFRS Sustainability Disclosure Taxonomy by ISSB.
Sustainability reporting is also evolving in India. Accordingly, The XBRL India (section 8 company of ICAI) jointly with Sustainability Reporting Standards Board (SRSB) of ICAI with the aim to submit the views on above draft from Indian Perspective, invites the comments of Stakeholders in India, to raise their concerns at the initial stage itself. It will also help the Indian stakeholders to be aware of the international developments.
Staff draft of the IFRS® Sustainability Disclosure Taxonomy can be found at the below link:
https://www.ifrs.org/content/dam/ifrs/project/ifrs-sustainability-disclosure-taxonomy/staff-request-for-feedback-ifrs-sustainability-disclosure-taxonomy.pdf
Comments may be submitted through any of the following modes, which can reach us latest by August 20, 2022:
Email: Comments can be sent to: xbrl@icai.in
Postal Address:
CA. S.N. Gupta, Joint Director, Technical Directorate
The Institute of Chartered Accountants of India,
ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi 110 002
