New developments in sustainability standard-setting and SEC rulemaking
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New developments in sustainability standard-setting and SEC rulemaking

May 18, 2022 · 2 hour 3 min watch

This prerecorded joint webcast with the Center for Audit Quality (CAQ) and the Value Reporting Foundation (VRF) addresses the recent developments in and reactions to global sustainability standard-setting and U.S. Securities & Exchange Commission (SEC) rulemaking. Keynote speakers and panelists walk through the first two sustainability standards exposure drafts from the IFRS Foundation’s International Sustainability Standards Board as well as through the SEC’s proposed amendments to Regulations S-K and S-X for the enhancement and standardization of climate-related disclosures. Panelists further discuss the implications for corporate reporting and assurance and next steps accounting and assurance professionals can take to prepare.

Speakers include:

  • Kristen Sullivan, Partner, Global Audit & Assurance Climate Services Leader, Deloitte

  • Sue Lloyd, Vice Chair, International Sustainability Standards Board (ISSB)

  • Neil Stewart, Director of Corporate Outreach, VRF

  • Nadja Picard, Partner, Global Reporting Leader, PwC Germany

  • David King, Head of ESG Stewardship, Fidelity Investments

  • Paul Munter, Acting Chief Accountant, U.S. SEC

  • Dennis McGowan, VP, Professional Practice, CAQ

  • Richard Clark, Chief Accounting Officer and Chief Transformation Officer, Business Enablement, Accenture

  • Maura Hodge, KPMG IMPACT Audit Leader, KPMG

  • Marc Siegel, Partner, Americas Corporate and ESG Reporting Thought Leader, EY; Board Member, SASB Standards Board

Learning Outcomes:

  • Recall current developments within the global sustainability reporting space

  • Identify key components of the ISSB’s proposed general requirements and climate-related disclosure standards

  • Identify key components of the SEC’s proposed climate-related disclosure rule

  • Recognize action items for companies to establish internal controls and reporting processes for sustainability and climate-related disclosures

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