ISSB Sustainability Disclosure Standards: Who’s In? Who’s Out? Who Might be Surprised? (One of a Series)
July, 2023

The International Sustainability Standards Board (ISSB) released two Sustainability disclosure standards on June 26, 2023[1].  With many developments in the Sustainability/ ESG space – and more on the horizon (notably an SEC climate disclosure rule), ISSB standards have received scant attention.   Some companies may think it doesn’t apply to them – but they could be surprised.

Who’s In?

The International Accounting Standards Board (IASB) developed International Financial Reporting Standards IFRS) for financial reporting and disclosures.  IFRS has been adopted by 168 jurisdictions worldwide (not including the United States).  ISSB[2] is an independent body that was formed to meet the demand for global sustainability standards.  (read more)

 

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