ContextKeynote at the EFRAG Conference 2023 in Brussels on the state of financial reporting; ESMA protects investors and keeps EU markets orderly, and oversees accounting enforcement.
Why it mattersRoss calls for linking financial and sustainability reports more closely.
Problems raised
Financial and sustainability reporting are not well connected.
Geopolitics, inflation and tight conditions complicate forecasts.
Workable solutions require cooperation.
Solutions proposed
Promote connectivity between both types of reporting.
Use Europe's lead in sustainability as an example.
Build bridges between standard setters and supervisors.
