International Sustainability Standards Board

Financial reporting - sustainability - International Financial Reporting Standards (IFRS).

(ISSB).

The ISSB is a proposed body to set IFRS sustainability standards.

International ESG reporting standards

"Europe is leading the way on ESG standard setting, but it is hoped a globally accepted set of ESG standards will be imminent.

The International Financial Reporting Standards Foundation is currently consulting on constitutional changes to set up an International Sustainability Standards Board."

The Treasurer magazine, Issue 3, September 2021, p21

ISSB could help unify fragmented sustainability standards

"The proposed International Sustainability Standards Board (ISSB) could prompt consolidation in the disclosure of financially material sustainability information by corporates and financial institutions within a globally accepted framework, Fitch Ratings says.

The large-scale adoption of International Financial Reporting Standards (IFRS), their familiarity and widely accepted credibility makes the expected ISSB launch a significant event that could facilitate widespread and consistent sustainability disclosures across sectors, although their efficacy would depend on ISSB standards’ final form and their implementation by regional and national authorities."

Fitch Wire, September 2021, p21

See also

• Conceptual framework
• ESG
• Financial Stability Board
• G20
• IAS
• IFRS
• International Accounting Standards
• International Accounting Standards Board
• International Financial Reporting Standards (IFRS)
• International Financial Reporting Standards Foundation
• Not-for-profit
• Sustainability
• World Bank

External link

• ISSB could help unify fragmented sustainability standards