Refer to the responses by: a. The World Business Council for Sustainable Development (WBCSD) titled " WBCSD Response to IFS Consultation Paper on Sustainability Reporting" b. The International Integrated Reporting Council (IIRC) titled "Response from the International Integrated Reporting Council (IIRC) to the IFS Foundation Consultation Paper on Sustainability Reporting"; c. the Climate Disclosure Standards Board (CDSB); and d. the Sustainability Accounting Standards Board (SASB) and answer the following: Explain why the WBCSD, the IIRC, the CDSB and the SASB support the need for a global set of internationally recognised sustainability reporting standards; BAO 3309 Research Assignment Semester 2 Block 3 2022 b. Explain why the WBCSD, the IIRC, the CDSB and the SASB support the use of the governance structure of the IFS foundation as the basis for achieving consistency and comparability in sustainability reporting; C. Explain why the WBCSD, the IRC, the CDSB and the SASB believe that engaging with stakeholders is important in achieving the widespread global adoption and consistent application of sustainability standards. d. Explain how, according to the IIRC, the CDSB and the SASB, the IFS foundation could best build upon and work with the existing initiatives in sustainability reporting to achieve further global consistency