Technical Readiness Working Group: purpose and progress
The IFRS Foundation has today published a webcast explaining the role of the Technical
Readiness Working Group (TRWG), which was created by the Foundation’s Trustees in March
2021 to do preparatory work for the proposed International Sustainability Standards
Board (ISSB).
The webcast introduces the member bodies of the TRWG and provides a high-level summary of
its work programme.
The purpose of the TRWG is to give the proposed ISSB a running start, enabling it to
respond to investors’ urgent demands for improved transparency and consistency in
company reporting on sustainability matters to enable them to assess how the
sustainability performance of a company affects the creation of value in order to make
investment decisions. The TRWG is building on the work of long-standing international
sustainability reporting initiatives focused on enterprise value.
The TRWG will provide recommendations for the ISSB’s consideration.
The webcast is introduced by Lee White, Executive Director of the IFRS Foundation, and
presented by the following members of the TRWG (in alphabetical order by organisation):
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Mardi McBrien, Climate Disclosure Standards Board
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Sue Lloyd, International Accounting Standards Board
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Curtis Ravenel, Task Force on Climate-Related Financial Disclosures
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Janine Guillot, Value Reporting Foundation
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Olivier Schwab, World Economic Forum
Access the webcast here