Big Four, Global Firms to Advise on Problems With New ESG Rules

The International Sustainability Standards Board will be advised by a group of 17 companies, including all of the Big Four accounting firms, on problems companies have encountered using its first two standards.

The global rulemaker’s Transition Implementation Group is designed to provide “a public forum for any stakeholder to share implementation questions with the ISSB,” it said in a Thursday statement announcing the group’s members.

• Feedback from the group will allow the board to react to problems encountered by firms using its rules, although the advisory body will not issue any definite recommendations as a result, it said. The standard ...