SSBJ publishes exposure drafts for sustainability disclosure standards in Japan
02 Apr 2024
The Sustainability Standards Board of Japan has published three exposure drafts that propose sustainability disclosure standards for Japan. The exposure drafts incorporate all requirements of the standards of the International Sustainability Standards Board (ISSB) and add, where necessary, jurisdiction-specific options entities can elect to apply. The comment period ends on 31 July 2024.
The exposure drafts are titled as follows:
- Universal Sustainability Disclosure Standard Exposure Draft “Application of the Sustainability Disclosure Standards”
- Theme-based Sustainability Disclosure Standard Exposure Draft No. 1 “General Disclosures”
- Theme-based Sustainability Disclosure Standard Exposure Draft No. 2 “Climate-related Disclosures”
In a deviation from the ISSB's approach, the SSBJ decided to split the content of IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information into two standards: The requirements of IFRS S1 other than those included in the “core content” section were included in the proposed Application of the Sustainability Disclosure Standards standard, and the requirements in the “core content” section in IFRS S1 were included in the proposed General Disclosures standard.
At this time, the exposure drafts are available in Japanese only.
Please click to access the exposure drafts via the press release on the SSBJ website.
Note: After publication of the exposure drafts, the Secretariat of the SSBJ has released the following documents in English:
