Sustainability Accounting Standards Board

They're on track, so a big, big thank you to the staff.

And the staff working on our industry-based standard setting are busily working through the feedback that you've also kindly sent in to us on our proposed updates to our industry-based guidance, the SASB standards, where we've had exposure drafts out for consultation.

And I should just say, before we start talking about what else you've been up to, Emmanuel, and get to board week, that this is, of course, a special but, you know, sad board week for us here in Montreal because it was the last board meeting of two of our board members.

So our Japanese board member, Hiroshi Kamari, and also my fellow vice chair in Jingdong Hua.

You know, ten years ago, there were plenty of competing different disclosure, uh, frameworks, and companies were rightly bewildered.

Should I use GRI? Should I use this? Should I use that SASB, this, that, and the other? And, uh, literally spinning their wheels, producing tons of paper, uh, or being a bit lost.

Fair enough.

Uh, but I saw recently a map of the world, which was produced by ISSB, uh, with colors on countries that have adopted it, colors on countries that have adopted a different system, for example, the EU one.

The fourth of the 10 is that standards can help.

There's been a lot of focus on the ISSB and SASB before that.

But we have to be clear on what standards can and can't actually do.

They're not the be all and end all.