ISSB will set up transition implementation group on IFRS S1 and IFRS S2

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28 Apr 2023

The International Sustainability Standards Board (ISSB) is seeking nomination of suitable candidates for membership of the 'Transition Implementation Group on IFRS S1 and IFRS S2' (TIG).

The TIG informs the ISSB about potential implementation questions that could arise when companies implement the new standards IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures.

The purpose of the TIG is to solicit, analyse and discuss stakeholder questions arising from implementation of the new standards, to inform the ISSB about those implementation questions, which will help the ISSB determine what, if any, action will be needed to address those questions, and to provide a public forum for stakeholders to learn about the new Standards from others involved with implementation.

Please click for more information on the IFRS Foundation website.

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