The Intergovernmental Working Group of Experts
on International Standards of Accounting and Reporting (ISAR) met
in Geneva last week to discuss global corporate governance reforms
and the critical importance of corporate and climate change

The key outcomes from the session include:

  • High-quality corporate reports are required to facilitate the
    mobilisation of domestic and international financial resources and
    to promote investors’ confidence;
  • Greenhouse gas emissions disclosure is necessary to improve
    climate change corporate reporting and to facilitate low-carbon
    policies; and,
  • Corporate governance disclosure is important for attracting
    investment and promoting stable growth as well as adding value for
    policymakers, investors and other stakeholders.

ISAR is an intergovernmental expert body
focused on accounting issues and corporate transparency. It was
created by the United Nations Economic and Social Council.

The United Nations Conference on Trade and
Development hosts the annual ISAR session.