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COP26

New climate disclosure rules to be set by global accounting body

IFRS standards will allow investors to make clearer comparisons between companies

At COP26 in Glasgow on Wednesday, plans for a new framework for companies' disclosure of their impact on the climate is expected to be announced by the International Financial Reporting Standards Foundation.   © Reuters

TOKYO -- The corporate sector's impact on the climate will come under greater scrutiny as the International Financial Reporting Standards Foundation is set to establish a global standard for companies' disclosure of such risks by June.

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