IFRS Foundation Sustainability Profile
The IFRS Foundation, also known as the International Financial Reporting Standards Foundation, is a pivotal entity in the global accounting landscape, headquartered in London, GB. Established in 2001, the Foundation plays a crucial role in developing and promoting International Financial Reporting Standards (IFRS), which enhance transparency and comparability in financial reporting across diverse industries. With a focus on standard-setting, the IFRS Foundation serves a wide range of stakeholders, including investors, regulators, and businesses, ensuring that financial statements are consistent and reliable. Its flagship product, the IFRS Standards, is recognised worldwide for its rigorous framework and adaptability to various economic environments. The Foundation has achieved significant milestones, including the adoption of IFRS by numerous countries, solidifying its position as a leader in the accounting standards arena.
DitchCarbon Score
How does IFRS Foundation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
IFRS Foundation's score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IFRS Foundation's reported carbon emissions
The IFRS Foundation, headquartered in Great Britain, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no documented Scope 1, 2, or 3 emissions or any significant reduction targets or achievements to highlight. In terms of climate commitments, the IFRS Foundation has not outlined any specific climate pledges or reduction initiatives. This lack of data suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As there are no emissions figures or reduction targets available, it is essential for the IFRS Foundation to consider establishing measurable climate commitments in line with industry standards to enhance transparency and accountability in their environmental impact.
How Carbon Intensive is IFRS Foundation's Industry?
How Carbon Intensive is IFRS Foundation's Location?
IFRS Foundation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
IFRS Foundation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
