International Sustainability Standards Board

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

(ISSB).

The ISSB was established in November 2021 to set IFRS sustainability standards.

International ESG reporting standards

"The intention is for the ISSB to deliver a comprehensive global baseline of sustainability-related disclosure standards that provide investors and other capital market participants with information about companies’ sustainability-related risks and opportunities to help them make informed decisions."

About the International Sustainability Standards Board.

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
• Environmental, social and governance (ESG)
• ESG transition
• Financial Reporting Standard (FRS)
• Financial Stability Board
• G20
• Generally accepted accounting principles (GAAP)
• IFRS Foundation
• IFRS S1
• IFRS S2
• IFRS Sustainability Disclosure Standards
• IFRS Sustainability Disclosure Taxonomy
• International Accounting Standards (IAS)
• International Accounting Standards Board (IASB)
• International Financial Reporting Interpretations Committee
• International Financial Reporting Standards (IFRS)
• International Financial Reporting Standards Foundation
• International GAAP
• Not-for-profit
• Sustainability
• Sustainability Standards Board of Japan (SSBJ)
• World Bank

Other resources

• International Sustainability Standards Board - about us
• ISSB could help unify fragmented sustainability standards