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In February 2022, Janine Guillot began her appointment as Special Advisor to International Sustainability Standards Board (ISSB) Chair Emmanuel Faber. Ms Guillot took on the role of Special Advisor to help ensure the success of the ISSB and to support the transition of the Value Reporting Foundation (VRF) into the IFRS Foundation. As substantial progress has been made on both goals, Ms Guillot will be stepping away from her role as Special Advisor at the end of March 2023.

To continue to support a smooth transition, Ms Guillot will join the Transitional Advisory Group of former VRF Directors who advise the IFRS Trustees on achieving the critical success factors related to the IFRS-VRF consolidation. She will continue to serve on the IFRS Foundation’s Integrated Reporting and Connectivity Council. Ms Guillot is also joining the boards of B Lab Global and the International Foundation for Valuing Impacts (IFVI).

Ms Guillot said:

The merger of the VRF—home to the SASB Standards and Integrated Reporting Framework—into the IFRS Foundation was an important step in creating a global system for sustainability disclosure that has the commensurate level of maturity, credibility and acceptance as financial accounting. I am proud to have contributed to this achievement. I am also proud to see the impressive progress of the ISSB in its first year plus. I will continue to be a lifelong champion for the ISSB, the need for a global baseline and the value of industry-based sustainability standards.

Mr Faber said:

It has been an honour to work with Janine to consolidate the VRF into the IFRS Foundation and establish the ISSB. Throughout, Janine has demonstrated vision, conviction of purpose and strong leadership. We thank Janine for her immense contributions to creating a common language that allows investors and businesses to connect on the financial impacts of sustainability issues.

Erkki Liikanen, Chair of the IFRS Foundation Trustees, said:

Thank you to Janine for providing great leadership in integrating the VRF into the IFRS family. Building upon the expertise of the Value Reporting Foundation has contributed to important progress towards our goal of providing investors with high-quality, transparent and globally comparable sustainability disclosures that are compatible with financial statements.

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IFRS Foundation strategy and governance