Climate Risk Disclosure Becomes Mandatory For Hospitality Sector ...Middle East

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Climate Risk Disclosure Becomes Mandatory For Hospitality Sector
Yesterday, the International Sustainability Standards Board (ISSB) issued its inaugural standards, IFRS S1 and IFRS S2, ushering in a new era of sustainability-related disclosures in capital markets worldwide. They create a common language for disclosing the effect of climate-related risks and opportunities on a company’s prospects; and will help to improve trust and confidence in company disclosures about sustainability to inform investment decisions.

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