Both research projects will examine which disclosures investors require to be able to assess sustainability-related risks and opportunities in these areas. 

Such disclosures are already required by IFRS S1, if they relate to material information about sustainability-related risks and opportunities. Entities are currently required to provide these disclosures with the help of sources of guidance (including the SASB standards).

With the research projects, the ISSB will now undertake its own standard-setting in these areas, with the objective to provide more specific disclosure requirements and thereby expanding the global baseline of sustainability-related financial disclosures. 

For more information, please see the press release on the IFRS Foundation website.

The ISSB has also decided not to begin a project related to integration in reporting at this time. However, the ISSB has agreed to closely monitor developments in this area and may consider including such a project in a future agenda consultation. In the January 2024 joint IASB-ISSB meeting, the boards noted that regardless of decisions made about their respective work plans, they still support the Integrated Reporting Framework. More information is available on the IFRS Foundation website.

Please click here to access our comprehensive Deloitte observer notes for the meeting.