Well-connected standards

When the Trustees of the IFRS Foundation first proposed creating a new board to develop sustainability reporting standards, they highlighted the importance of "connectivity" between the two "sister" boards. There has been wide agreement that such connectivity is important for stakeholders. Yet it is not clear that the consensus was built on a shared understanding about what such connectivity would mean in practice. Recent comments made by the IASB chair and vice-chair begin to shed some light on how the two boards will work together and about what this will mean for the standards they develop.