Environmental, social, and governance standard setters said Wednesday they might write truncated rules for biodiversity reporting, or even rely on existing voluntary rules rather than write a comprehensive new global sustainability reporting standard.
The International Sustainability Standards Board was discussing where to go with a project to write a new standard covering biodiversity. The board published its first two sets of rules, covering corporate climate and general sustainability reporting, in 2023.
A staff paper for Wednesday’s meeting said that many areas of biodiversity were already covered by entities such as the Sustainability Accounting Standards Board, a US body that writes ...