Making Sense of ISSB

Now more than ever, businesses and leaders are committed to greater measurement and reporting on climate and sustainability performance. Indeed, this clarity is expected by all stakeholders: customers, investors, regulators, boards and employees. 

The International IFRS Board of Trustees, which developed the global accounting standards, is taking the lead to drive consistency in the way organisations comply and report in a complex and disparate environment. It has established the ISSB to develop a consistent global baseline for sustainability-related financial disclosures. These proposed standards, and what they mean for Australian business should not be underestimated.

To help navigate the complex global landscape of climate and sustainability reporting and disclosure requirements, we have summarised the implications, challenges, opportunities and questions organisations and leaders need to consider to get ready now.

^{Published : November 2022}