Response of French companies to the ISSB consultation 

AFEP responded, with Medef and Acteo, to the consultation of the ISSB (International Sustainability Standards Board) on its draft international sustainability reporting standards.

– Regarding general reporting standards: 

  • Companies should not be required to disclose information that could raise issues of trade secrecy and/or liability.
  • Reporting should be limited to upstream suppliers representing the most salient risks.

− Regarding climate-related information: 

  • Transition plans should more accurately reflect how companies are implementing their best efforts as contributions to reach the goals of the Paris Agreement.
  • Emission reductions, avoided emissions and direct and indirect carbon removals, including carbon offsets, should be accounted for separately.
  • All requirements must refer to international standards and avoid specific references to the USA.
The response to the ISSB containing an accompanying letter from AFEP, Medef and Acteo as well as the responses to the 2 questionnaires (climate and general reporting standards)