The following topic was discussed:

ISSB Consultation on Agenda Priorities: The ISSB received a summary of the feedback received in response to its Request for Information Consultation on Agenda Priorities. Respondents were mostly supportive of the ISSB’s planned activities, with IFRS S1 and IFRS S2 implementation support receiving the highest priority. Most respondents agreed with the ISSB’s proposed criteria used to evaluate potential new research or standard-setting projects for its work plan. There was no clear consensus on the number and mix of research projects to be included in the work plan and the staff will perform a detailed analysis of the feedback to create recommendations for the ISSB at a future meeting. Respondents suggested that the ISSB should approach any research project holistically, rather than prioritising subtopics. Feedback received on the proposed research project on integration with financial reporting will be evaluated in conjunction with the International Accounting Standards Board (IASB) at a future meeting. No decisions were made.

IFRS Sustainability Disclosure Taxonomy: The staff provided a summary of the feedback received in response to the proposed IFRS Sustainability Disclosure Taxonomy. Almost all respondents agreed the proposed Taxonomy appropriately reflects the requirements in IFRS S1 and IFRS S2 and will enable digital reporting of sustainability-related financial disclosures. The staff plans to recommend any changes to the Taxonomy in the December 2023 meeting and aims to publish the final taxonomy in the first half of 2024. No decisions were made.

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