IFAC Comment Letter to the US SEC

We applaud the Commission’s leadership in prompting this important conversation. A building blocks approach provides the architecture for a global system that enables comprehensive corporate reporting for capital markets while also addressing country-specific requirements. As policymakers consider the best way forward for crafting an emerging global system for climate and other sustainability-related disclsures, support from the U.S. is more important than ever. We believe that companies who adopt an “integrated mindset”—insight gained by management and those charged with governance from both financial and sustainability information, including climate-related issues—will make better decisions and can deliver superior financial returns to investors, as well as take account of value to customers, employees, suppliers, and societal interests.