FASB: No specific project to integrate SEC climate disclosures in accounting principles
“We do one thing and one thing only, financial accounting and reporting standards.”
The Financial Accounting Standards Board (FASB) has said it has no specific project to integrate the SEC’s climate disclosure rule in future accounting principles, days after anti-ESG states asked it not to “politicise” its standards.
“We do one thing and one thing only, financial accounting and reporting standards,” said FASB Chair Richard Jones last week at a meeting of the Financial Accounting Foundation (FAF) Board of Trustees.
