The IFRS Sustainability team is pleased to announce that, with a single IFRS login, anyone can now access SASB Standards in both […] The post New SASB Standards Navigator now available appeared first on SASB ..read more

The IFRS Foundation is pleased to announce the publication of the Japanese translation of the SASB Standards. This publication brings the Japanese […] The post SASB Standards now available in Japanese appeared first on SASB ..read more

The International Sustainability Standards Board (ISSB) is further enhancing the SASB Standards as part of its new two year work plan. Companies […] The post ISSB to enhance an initial set of SASB Standards appeared first on SASB ..read more

The International Sustainability Standards Board (ISSB) has agreed that SASB Standards enhancement will be a priority as part of its work plan for the next two years. The industry-based SASB Standards continue to be used as a cost-effective way of providing decision-useful information to investors. Companies applying IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information are required to consider the SASB Standards to identify their sustainability-related risks and opportunities and provide appropriate disclosures for topics beyond climate. Given this import ..read more

While much work has been done on the road toward a global baseline of investor-focused sustainability disclosures, the journey continues. Consolidation of various frameworks and guidance under the ISSB was a critical step toward helping companies communicate efficiently and effectively about sustainability-related risks and opportunities. In June 2023, the ISSB issued its inaugural global IFRS Sustainability Disclosure Standards, IFRS S1 and IFRS S2, which build upon the SASB Standards, Integrated Reporting Framework and CDSB Framework and incorporate the recommendations of the Task Force on C ..read more

The International Sustainability Standards Board (ISSB)’s inaugural standards—IFRS S1 and IFRS S2—mark the beginning of a new era of sustainability-related disclosures in capital markets worldwide. The ISSB Standards will help to improve trust and confidence in company disclosures about sustainability to inform investment decisions. And for the first time, these Standards create a common language for disclosing the effect of climate-related risks and opportunities on a company’s prospects. The ISSB Standards were issued on 26 June, officially launched by ISSB Chair Emmanuel Faber at the IFRS F ..read more

On August 1, 2022, I published a letter here about the consolidation of the Value Reporting Foundation — home to the SASB Standards, Integrated Reporting Framework, and Integrated Thinking Principles — into the IFRS Foundation. That was a remarkable milestone in the journey to embed sustainability information into capital markets infrastructure. I’m now writing to update you on the progress we’ve made post consolidation and a transition in my role. Last year, I took on the role of Special Advisor to the Chair of the ISSB to help ensure the success of the ISSB and support the transition of ..read more

On 17 February, more than 1,000 people from 45 countries convened in Montreal and online to discuss what’s next for investor-focused sustainability disclosure. Onsite in Montreal, the room was abuzz as businesses, investors, policymakers, regulators and other stakeholders engaged in meaningful discussion about the forthcoming standards from the ISSB. Read on for six key takeaways from the day’s sessions. 1. ISSB Standards are nearing issuance The day before the Symposium, the ISSB held a public meeting to make final decisions on the technical content of its first two standards, S1 (General Req ..read more

The ISSB set a clear path for the SASB Standards when it launched draft IFRS Sustainability Disclosure Standards, explaining how initially the industry-based SASB Standards can help companies identify their sustainability risks and opportunities along with metrics to use in their disclosures. The SASB Standards provide disclosures across a range of sustainability matters and, over time, will inform the industry-based requirements in the IFRS Sustainability Disclosure Standards. As such, report preparers will benefit from starting now, using the SASB Standards to meet the immediate needs of inv ..read more

1 August 2022 Dear Stakeholders, We’ve arrived at a remarkable milestone, the consolidation of the Value Reporting Foundation — home to the SASB Standards, Integrated Reporting Framework, and Integrated Thinking Principles — into the IFRS Foundation, effective August 1. The SASB Standards, Integrated Reporting Framework, and Integrated Thinking Principles will now be maintained by the IFRS Foundation. As I reflect on this milestone, I scoured the early archives of the IIRC and SASB to reflect on the significance of this moment. A decade ago, these two start-ups launched an ocean and a continen ..read more