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ISSB Advances Sustainability Disclosure Harmonisation with New Work Plan and Strategic Partnerships

The International Sustainability Standards Board (ISSB) has announced significant strides in harmonizing sustainability disclosure through strategic partnerships and a new two-year work plan. Key collaborations include the Transition Plan Taskforce, GHG Protocol, CDP, Taskforce on Nature-related Financial Disclosures, and Global Reporting Initiative. These efforts aim to streamline sustainability reporting, ensuring investors receive high-quality, comparable information. The ISSB’s initiatives, discussed at the IFRS Foundation Conference during London Climate Action Week, reflect a commitment to reducing reporting complexity and enhancing global standards.

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