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OPINION: SEC’s IFRS threat – what it means for global sustainability reporting

Securities and Exchange Commission Chairman Paul Atkins speaks to reporters after giving opening remarks at a roundtable with the SEC's Crypto Task Force at the Securities and Exchange Commission headquarters on April 25, 2025 in Washington, DC.
Paul Atkins, Chairman, SEC. Photo: Anna Moneymaker/Getty Images

Richard Chambers

4 min read
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Paul Atkins has threatened to ban overseas companies from using IFRS if they include any sustainability concerns.

The regulatory environment for sustainability reporting is experiencing significant turmoil. The US’s Securities and Exchange Commission (SEC) chairman, Paul Atkins, has threatened to ban overseas companies from using international accounting rules, also known as International Financial Reporting Standards (IFRS), if they include any sustainability concerns. This potential restriction

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