Sustainability Reporting
Who is the International Sustainability Standards Board (ISSB)
The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards.
The Trustees of the IFRS Foundation announced the formation of the International Sustainability Standards Board on 3 November 2021 at COP26 in Glasgow, following strong market demand for its establishment. The ISSB is developing - in the public interest - standards that will result in a high-quality, comprehensive global baseline of sustainability disclosures focused on the needs of investors and the financial markets. The ISSB will be launching its first IFRS Sustainability Disclosure Standards, IFRS S1 and IFRS S2 on 26 June 2023.
Global Baseline of Sustainability
ISSB Sustainability Disclosure Standards – IFRS S1 & S2
ISSB Updates
Resources from the audit firms on the IFRS Sustainability Disclosure Standards
- Navigating the new frontier of sustainability standards
- How stakeholders can help the ISSB to prioritize its work plan
- Introducing a climate first option
- Practical guidance on preparing for the ISSB’s sustainability disclosure standards
- Climate related disclosures proposed by the SEC, EFRAG and ISSB
- Interoperability between the ISSB and EU requirements
- Gearing up for mandatory climate reporting: What directors need to know now
- Now is time to get ready for new sustainability reporting standards
- International applicability of the SASB standards is being proposed by the ISSB
- Have you disclosed the impacts of climate-related matters clearly?
Events and Insights
Related Standards
- Sustainability Accounting Standards Board (SASB) Standards
- Taskforce on Climate-Related Financial Disclosures (TCFD) Framework
Questions and Answers
Request for comments
- ISSB Consultation on Agenda Priorities (Open until 1 September 2023)
- Exposure Draft for Enhancing the International Applicability of SASB Standards (Open until 9 August 2023)
Media and Press Releases