The ISSB met virtually on 27 July 2023. The following topic was discussed:

Foundational work: The ISSB has committed to researching targeted enhancements to the IFRS Sustainability Disclosure Standards—specifically, the ISSB said that this work could enhance the application of IFRS S2 by providing guidance for the disclosure of climate-adjacent risks and opportunities related to nature and the ‘just transition’ to a lower-carbon economy. The ISSB decided to develop targeted educational material to explain and illustrate how an entity might apply some of the existing requirements in IFRS S2 to disclose information about particular nature and social aspects of climate-related risks and opportunities.