New global standard for sustainability assurance unveiled by IAASB
The IAASB has recently introduced the ISSA 5000, establishing a robust framework for practitioners engaging in sustainability assurance. This development aligns with the increasing global emphasis on sustainability and climate-related reporting, underscored by recent regulations such as the EU’s Corporate Sustainability Reporting Directive (CSRD) and the IFRS climate and sustainability standards issued by the International Sustainability Standards Board (ISSB). Read more
Global ESG Funds Attract $10.4 Billion in Q3 2024
As per Morning Star, the global coverage of environmental, social, and governance open-end and exchange-traded funds attracted an estimated USD 10.4 billion of net new money in the third quarter of 2024, a notable uptick from the inflows of USD 6.3 billion in the second quarter and USD 4.8 billion in the first quarter. Read more