Deloitte comment letter on ISSB’s proposal on climate-related disclosures

Published on: 20 Jul 2022

We have commented on the ISSB's exposure draft ED/2022/S2 Climate-related Disclosures published in March 2022.

We strongly support the proposals in the ED. In particular, we welcome that they build on the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. This builds on the success of the TCFD, leverages the SASB Standards to incorporate industry-specific disclosure requirements and responds to the investors’ call for standards that facilitate consistent and comparable information on climate-related risks and opportunities.

We welcome the ISSB prioritising a climate standard given the urgency of this issue and recommend that the ISSB moves towards finalising the standard as soon as possible, whilst respecting its due process.

In addition, we provided overarching comments related to:

  • Approach to the climate standard
  • Metrics
  • Current and anticipated financial effects
  • Global alignment

Please click to download our full comment letter below.


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