ISSB Consultation on Agenda Priorities

The ISSB met on 13 March 2024 to decide the strategic direction and balance of its activities for the two-year period of the ISSB’s next work plan. 

The ISSB tentatively decided it will: 

1. begin new research and standard-setting projects;
2. support the implementation of IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures; 
3. enhance the SASB Standards;
4. pursue connectivity between the requirements in IFRS Sustainability Disclosure Standards and IFRS Accounting Standards;
5. seek to ensure IFRS Sustainability Disclosure Standards are interoperable with other sustainability standards; and
6. engage with stakeholders.

All 14 ISSB members agreed with these decisions.

The ISSB also tentatively decided:

1. to place a high level of focus on supporting the implementation of IFRS S1 and IFRS S2;
2. to place a slightly lower level of focus on enhancing the SASB Standards and on beginning new research and standard-setting projects and to give these activities equal attention;
3. to reserve resources to give the ISSB flexibility; and
   
4. not to specify a level of focus on connectivity, interoperability and engaging with stakeholders, acknowledging that these activities are integral to all of the ISSB’s work.

All 14 ISSB members agreed with these decisions.