When all these ESG and impact standards get to the level of IFRS (or GAAP), who should be writing that standard? There are people in glass houses living lives that others who are affected on the ground have never lived- should they be the ones writing the standards?

Karen Wilson: I think it's important that metrics aren't decided in a glass tower what the metrics are. There needs to be a consultation process over time because things change even financial accounting has evolved and continues to evolve over a century.

Kate Ruff: There's a whole school in financial accounting that looks at how flawed consultation processes are, because those who offer an opinion don't write their opinions on letterhead, or in the language that garners respect, or don't even know where to weigh in.

Sarah-Jayne Dominic: GRI always selects from among pools of experts who reflect different stakeholder perspectives when updating standards. Sometimes its a challenge because you might ask what's Labor got to do with Tax? But all measures are interconnected.

Kate Ruff: Studying history of financial accounting, there were all these records from 1800s complaining about how impossible it would ever be to arrive at consensus about how to record financial accounts of disparate economic entities. I take solace from this [since we did it!]