Impact investors have emphasised the importance of engaging a broader audience, particularly SMEs, to ensure the successful and impactful implementation of the International Sustainability Standards Board (ISSB) standards in Nigeria.
The stakeholders made the assertion at the Impact Transparency workshop, organised by the Impact Investors Foundation (IIF) on Sunday in Lagos.
The News Agency of Nigeria (NAN) reports that the workshop was done in collaboration with the Global Steering Group for impact investment, funded by the Foreign, Commonwealth and Development Office, with the support of International Financial Reporting Standards Foundation (IFRS) and the Financial Reporting Council (FRC).
The ISSB standards in Nigeria are aimed at achieving a comprehensive approach to sustainability reporting, leading to increased transparency, improved environmental and social outcomes, enhanced competitiveness, and potential regulatory compliance.
