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illuminem summarises for you the essential news of the day. Read the full piece on World Economic Forum or enjoy below:
🗞️ Driving the news: Emirates NBD has become the first bank in the Middle East and North Africa to publish an ISSB-aligned sustainability report, setting a new benchmark for integrating sustainability into corporate strategy
• The report includes assured financed emissions and demonstrates how ISSB standards can be used as a strategic tool rather than a compliance exercise
• The move is intended to boost investor confidence and strengthen brand reputation
🔭 The context: The International Sustainability Standards Board (ISSB) provides a global baseline for sustainability disclosures, drawing from frameworks like TCFD and the World Economic Forum’s Stakeholder Metrics
• With 35 jurisdictions adopting or considering ISSB standards, the framework is gaining global momentum
• Companies are increasingly expected to align financial and non-financial reporting to meet investor and regulatory expectations
🌍 Why it matters for the planet: High-quality, assured reporting can reduce greenwashing and improve climate accountability
• By embedding sustainability into core business decisions, companies can better manage environmental risks and deliver long-term value
• ISSB adoption supports more transparent, comparable, and actionable climate disclosures across global markets
⏭️ What's next: More companies are expected to adopt ISSB standards, especially as global regulations tighten
• ISSB jurisdictional guides will help firms align local compliance with global best practice
• Businesses that act early can gain a competitive edge and build stronger stakeholder trust
💬 One quote: “Publishing an ISSB-aligned report is just the beginning… ISSB is not just about reporting; it is about embedding sustainability into financial decision-making.” – World Economic Forum
📈 One stat: 35 jurisdictions are already adopting or considering adoption of ISSB standards, underscoring its growing influence
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