ISSB standards - adoption strategies

An overview of the board's recent activities

The ISSB is dedicating considerable time and resources to support the implementation of its first two standards. This support is not only for the companies that will report using the standards but for jurisdictions around the world that are considering whether and how to adopt them. This article focuses on the latter, which is of considerable importance, as the global regulators wish to minimise the risk that jurisdictions introduce requirements for companies to report on sustainability matters in different ways. Diversity would not provide consistent and comparable information for global investors and would create additional costs and barriers to trade for international companies. This article provides an overview of the ISSB's activities in this area.