The ISSB met on 13-14 December 2023 in Frankfurt. The following topics were discussed:

ISSB consultation on agenda priorities: ISSB members discussed the feedback on the ISSB’s request for information (RFI) from users of general-purpose financial reporting who self-identified as an ‘investor” when submitting their response to the RFI.

IFRS sustainability disclosure taxonomy: The ISSB discussed proposed changes to the taxonomy resulting from stakeholder feedback on the approach to tagging narrative information, including the granularity and data type of particular narrative disclosures; the approach to modelling the relationship between the requirements in IFRS S1 and IFRS S2; the approach to tagging metrics and targets that are not specified by IFRS Sustainability Disclosure Standards; and improvements to the taxonomy, including the categorical elements and the element labels.

International applicability of the SASB Standards: The IASB ratified the amendments to the SASB Standards and the related updates to the digital SASB Standards Taxonomy. The ISSB also confirmed that it is satisfied that it has complied with the applicable due process requirements to publish the updated SASB Standards. The ISSB expects to publish the amended SASB Standards before the end of 2023.