ISSB Chair meets with leaders in Kenya, Nigeria and South Africa

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International Sustainability Standards Board (ISSB) Chair Emmanuel Faber and ISSB Member Ndidi Nnoli-Edozien have met with the Presidents of Kenya and Nigeria and government ministers in South Africa—as well as regulators and other stakeholders—to discuss the work of the ISSB.

A key theme of discussions throughout the week was around the opportunity for unlocking capital flows through the introduction of the ISSB Standards.

Furthermore, the ISSB heard about the expected benefits from establishing transparency within value chains, providing investors with a great understanding of the associated sustainability-related risks and opportunities through comparable, reliable and assurable disclosures.

The visit was an important opportunity for the ISSB leadership to engage with stakeholders and discuss considerations for the implementation of the ISSB Standards in the region.

In Kenya, Emmanuel and Ndidi met with the President of Kenya William Ruto. They also participated in an event hosted by the Institute of Certified Public Accountants of Kenya (ICPAK), the Capital Markets Authority of Kenya and the Nairobi Securioties Exchange. ICPAK—the Kenyan regulator—has stated its intention to adopt the ISSB Standards.