Sustainability reporting is entering a new regulatory phase with the introduction of the International Sustainability Standards Board (ISSB) standards and the UK’s UK Sustainability Reporting Standards (UK SRS). Organisations are now expected to produce consistent, investor focused sustainability disclosures. Our services support finance and sustainability leaders navigate complex data, governance, and evolving standards to deliver decision useful information in accordance with the new standards.
What is ISSB and who it applies to?
The International Sustainability Standards Board (ISSB) is an international body that develops sustainability disclosure standards aimed at improving transparency and comparability in ESG reporting for companies globally. The ISSB standards, specifically IFRS S1 and IFRS S2, are designed for application by companies worldwide, regardless of their size or industry. Publicly traded companies are often required to disclose sustainability-related information to meet regulatory and investor demands, while many private firms adopt ISSB standards to enhance transparency and attract investment.