We have commented on the ISSB's exposure draft Methodology for Enhancing the International Applicability of the SASB Standards and SASB Standards Taxonomy Updates.

We support the proposals to prioritise a narrow scope of work to internationalise the SASB Standards as necessary. In undertaking this exercise, we encourage the ISSB to consider the needs of the many entities that already report using the SASB Standards and avoid, to the extent possible, the need for entities to have to revisit the disclosure they already made. More generally, we consider industry-specific considerations to be an integral part of reporting on sustainability-related risks and opportunities. Therefore, notwithstanding our support for the proposals in the ED, we think it is essential that the ISSB sets out a vision for the eventual architecture of its standards, which should include industry-specific requirements alongside general requirements and topical standards, together with a strategy to bring industry-specific requirements formally into the ISSB’s standards.

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