The following topics were discussed:

Supporting implementation of IFRS S1 and IFRS S2: The ISSB discussed focus areas for educational material that the staff is currently developing to support the implementation of IFRS S1 and IFRS S2. The focus areas for the discussion were: using ISSB standards to prepare sustainability-related financial disclosures; definition of material information; sustainability-related risks and opportunities; and information that is material might change over time. No decisions were made.

ISSB consultation on agenda priorities: The ISSB decided to proceed with the criteria for assessing the priority of new research and standard-setting projects that could be added to the ISSB’s work plan. The ISSB voted to modify the criterion on how a potential project would relate to other projects in the work plan to incorporate the concept of interoperability (i.e. consider the work of other standard-setters).

Please click to access the detailed notes taken by Deloitte observers for the entire meeting.