The objective of the publication titled The jurisdictional journey towards globally comparable information for capital markets — Preview of the Inaugural Jurisdictional Guide for the adoption or other use of ISSB Standards is to support jurisdictions by providing information that they may find helpful as they design and plan their journey to the adoption or other use of ISSB standards. It also aims at supporting transparency to capital markets, regulators, other relevant authorities and other stakeholders on the progress towards the provision of comparable information about sustainability-related risks and opportunities for global capital markets by setting out the features considered when describing and summarising jurisdictional approaches towards the adoption or other use of ISSB standards.

The preview uses the term "adoption or other use of ISSB standards" to describe the range of approaches that jurisdictions may take to adopt, apply or otherwise be informed by ISSB standards when introducing sustainability-related disclosure requirements in their legal and regulatory frameworks. This range includes approaches that involve the adoption or other use of IFRS S1 and IFRS S2 directly, as well as the introduction of local sustainability-related disclosure requirements (or standards) designed to deliver functionally aligned outcomes to those resulting from the application of IFRS S1 and IFRS S2.

The preview can be accessed here on the website of the IFRS Foundation. The final guide is expected in the first half of 2024.

At the same time, the IFRS Foundation has published an overview of ongoing and completed jurisdictional consultations on sustainability-related disclosures. The overview can be accessed here.

To access our IAS Plus coverage of the adoption of ISSB standards, please click the button "Adoption of ISSB standards" below.