Your browser does not support JavaScript!

Priorities for converging globally on sustainability reporting standards

Day 1 Afternoon

Wednesday 26 April

Room :



Robert Patalano
Head of Financial Markets Division - Organisation for Economic Co-operation and Development
Public Authorities
Patrick de Cambourg
Chair of the Sustainability Reporting Board - European Financial Reporting Advisory Group
Paulina Dejmek-Hack
Director for General Affairs - DG for Financial Stability, Financial Services and Capital Markets Union, European Commission
Suzanne Lloyd
Vice-Chair - International Sustainability Standards Board
Hester M. Peirce
Commissioner - U.S. Securities and Exchange Commission
Daniela Stoffel
State Secretary for International Financial - Federal Department of Finance, Switzerland
Industry Representatives
Hirotaka Hideshima
Counsellor on Global Srategy to President and the Board of Directors - The Norinchukin Bank
Jamie Martin
Head of EMEA Sustainability Office - Morgan Stanley
Laurence Rivat
EU Corporate Reporting Policy Leader - Deloitte


The goal of sustainable reporting standards is to provide ESG (Environment, Social, Governance) transparency of financial products and of corporates. The development of sustainable transparency is not at the same stage in the most important financial markets. The European Union develops an ambitious regulatory framework (SFDR, CSRD, taxonomy), based on the double materiality principle and with the goal to encompass all the ESG aspects; based on EFRAG proposals, the Commission should adopt a first set of European sustainable standards on climate and environment before year end. At the international level, there have been the recommendations of the TCFD and the creation of ISSB which is about to produce its first standards on climate. In the USA, there is a political uncertainty on this issue.
Given the interest of corporates and financial actors in the convergence of these standards, the roundtable will discuss the priorities for such a convergence.

Points of discussion

  1. What is your assessment of the EFRAG proposals, and in particular their comparability and compatibility with the ISSB reporting standards?
  2. How do you assess the reporting standards proposed by the ISSB, notably as a set of minimum requirements at the global level?
  3. How do you assess the possibility that the United States, China, Japan and other major countries could converge on sustainable reporting standards ?