International Sustainability Standards Board (ISSB)

The #ISSB was called on by the market and international policy makers to deliver an efficient reporting landscape, ending the alphabet soup of voluntary initiatives and meeting investor demand for decision-useful, comparable information. The ISSB remains committed to serving as an anchor in the sustainability disclosure landscape, working closely with partners around the world to drive efficiencies. We deliver this through: ? Consolidation – of #SASB (SASB Standards), #TCFD, Climate Disclosure Standards Board #CDSB and Integrated Reporting materials. ?? Establishing the ISSB as the sister board of the International Accounting Standards Board (IASB) – making sure the ISSB Standards work especially well with the requirements of the #IASB, while useable alongside any generally accepted accounting principles. ?? Supporting connections – through tools such as the #IntegratedReporting Framework and the Management Commentary Practice Statement. ?? Interoperability – with Global Reporting Initiative (GRI) #GRI, #ESRS and the US SEC. ?? Through the ISSB Standard’s climate-related standard is becoming a basis for other initiatives – such as CDP, the Basel Committee on Banking Supervision, and the International Public Sector Accounting Standards Board (IPSASB). ?? Driving harmonisation in the landscape – through a number of strategic relationships. Watch this video to find out more about the ISSB’s role. ?? #ISSBStandards #IFRSSustainability

With the IFRS Foundation taking responsibility for the Transition Plan Taskforce (TPT) material, last week we hosted stakeholder discussions to inform the development of an #IFRS Foundation guidance document. The guidance document?will support application of the requirements in #IFRSS2 about transition plan disclosures. It will build on TPT material to reduce fragmentation and the related cost and complexity for preparers seeking to comply with transition plan disclosure requirements. The event attracted representatives from a variety of jurisdictions and multilateral bodies. Key takeaways are available in this summary: https://lnkd.in/efJWt473 More details on next steps will be shared over the next few months. Read the summary and watch the recordings of the event:?https://lnkd.in/gQJJqB_n #transitionplans #IFRSSustainability #ISSBStandards

In November 2024 the IFRS Foundation published a comprehensive guide to help companies identify the sustainability-related risks and opportunities to report on and the material information to provide.? ? 1?? Chapter one explains the ISSB’s definition of ‘material information’ to help companies make materiality judgements.? ? 2?? Chapter two explains what sustainability-related risks and opportunities are and how a company can identify them.? ? 3?? Chapter three explains how to apply the #ISSB Standards to identify and disclose material information about sustainability-related risks and opportunities.? ?? Find out more below and access the guide here ?? https://lnkd.in/e4_bvrtr?? ? #ISSBStandards #IFRSSustainability #materialinformation

ISSB Vice-Chair Sue Lloyd will participate in the 10th annual Sustainability Week hosted by The Economist in London. The event takes place on 10-12 March 2025 at Convene Sancroft, St Paul’s, London. Join us there: https://lnkd.in/dZ_S-f9 #IFRSSustainability #ISSBStandards #ISSB #EconSustainability

The proportionality mechanisms embedded in the?#ISSB Standards are designed to enable companies of varying degrees of capability and preparedness in a variety of markets?apply the ISSB Standards.?The application of ISSB Standards?results in?the provision of globally comparable?sustainability-related financial?information?that is fit for purpose and suited to every jurisdiction and to every company, including the smaller?companies?that form an important part of the global supply chain.? ? Proportionality mechanisms, among other factors, play a role in enabling organisations like the?PAN AFRICAN FEDERATION OF ACCOUNTANTS (PAFA) to support the implementation and adoption of IFRS S1 and IFRS S2 through its Sustainability Centre of Excellence (CoE).?The CoE is testament to PAFA's dedication to promoting good governance, transparency, accountability,?and sustainable value creation across Africa, as well as testament to the suitability of ISSB Standards for a variety of regions and companies globally. ? Find out more about the proportionality mechanisms and how to apply them in our four-part webcast available:?https://lnkd.in/gbq9YWgT ? Find out more about PAFA’s CoE:?https://lnkd.in/dv5WtMay #IFRSSustainability #ISSBStandards Ndidi, Dr Nnoli-Edozien Martine Beaulieu CPA Auditrice

In Case You Missed It #ICYMI is a monthly series designed to highlight major IFRS Sustainability-related news items in a shareable, bite-sized video report. ?? Learn more about the topics in the video: ?? IFRS Foundation publishes a webcast on proportionality mechanisms in IFRS Sustainability Disclosure Standards - https://bit.ly/4herGMp ?? IFRS Foundation publishes a guide on how to report only climate-related information when applicable - https://bit.ly/3F7KAqw ?? Jurisdictions have open consultations on proposed sustainability disclosure requirements, track them here: https://bit.ly/4h62LdS ?? Register for the Integrated Reporting and Integrated Thinking Conference on 3 April in Tokyo - In person: https://bit.ly/436SCKt; live stream: https://bit.ly/43bYtOI ?? Book your ticket to the IFRS Foundation Conference on 23-24 June in London - https://bit.ly/43dNqVg ?? Saved the date and register your interest for the IFRS Sustainability Symposium on 30 October in London - https://bit.ly/4gX5oyy Those with free IFRS.org accounts can choose to receive a longer, text-based version of this report up to a week earlier by selecting 'Applying Sustainability standards' in the IFRS Follows and notifications dashboard: https://bit.ly/3TCKsDX Engage and lead in sustainability disclosure with IFRS Sustainability resources: ? Join the?IFRS Sustainability Alliance: https://bit.ly/4gJgx63 ? Earn the FSA Credential: https://bit.ly/4fnuCFl ? Embed IFRS S1, IFRS S2 and SASB Standards into products and services with IFRS Sustainability licensing: https://bit.ly/4gHpQUo

We are pleased to support International Organization of Securities Commissions - IOSCO in this insightful workshop, joined by?regulators from growth and emerging markets in the Africa and Middle East region. The workshop was part of the work of the recently established GEMC Network of IOSCO, supporting those on their journey towards adoption or other use of #ISSB Standards. Mark Manning Dr Jarlath Molloy

Following today's announcement by the European Commission of its package of proposals to simplify EU rules and boost competitiveness, the IFRS Foundation and the International Sustainability Standards Board (ISSB) remain committed to working in close cooperation with our European counterparts to maintain or further enhance alignment between European Sustainability Reporting Standards (ESRS) and the ISSB's global baseline of sustainability disclosures. Companies, investors and market regulators continue to advocate for global alignment in sustainability disclosure standards.

?? Listen to the latest episode of the #ISSB podcast, featuring ISSB Chair Emmanuel Faber and ISSB Vice-Chair Sue Lloyd. Hear key takeaways from the February ISSB meeting, the IASB-ISSB meeting and other developments from the ISSB. ?? Listen in full on Apple Podcasts, Spotify and YouTube. Also available on ifrs.org: https://lnkd.in/e8_2VYuP A full summary of the February ISSB meeting is available in the ISSB Update: https://lnkd.in/g9PbPJ3z #IFRSSustainability #ISSBStandards