Exposure Draft (ED) 83, Reporting Sustainability Program Information

The International Public Sector Accounting Standards Board® (IPSASB®) has issued Exposure Draft (ED) 83, Reporting Sustainability Program Information—RPGs 1 and 3: Additional Non-Authoritative Guidance.

In response to stakeholder demand, this ED aims to explicitly show how Recommended Practice Guideline (RPG) 1, Reporting on the Long-Term Sustainability of an Entity’s Finances and RPG 3, Reporting Service Performance Information can be applied in the context of sustainability reporting. The proposed non-authoritative guidance provides Implementation Guidance and Illustrative Examples to clarify the application of key concepts to reporting related to programs including green bonds, carbon taxes, tax expenditures, and other programs developed to mitigate the effects of climate change.

Comments will be reviewed and discussed by the IPSASB and will help shape the amendments to RPGs related to the Reporting Sustainability Program Information project.  Comments are due by January 16, 2023 and must be submitted in English.