The International Integrated Reporting Council has signed a memorandum of understanding with the Global Initiative for Sustainability Ratings in which the two groups pledge to work together to promote and support the global alignment of corporate reporting and ratings frameworks.

The MoU signifies the ongoing efforts of organizations in the corporate reporting sector to cooperate in driving greater coordination of reporting and ratings’ standards and frameworks globally. It recognizes a shared view among the two organizations that a more cohesive reporting landscape enables businesses to evolve their reporting practices, making them more resilient and leading to greater stability in global markets.

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