The IFRS Foundation today published educational material to help companies understand the role of the ISSB industry-based guidance—which collectively refers to the SASB Standards and the Industry-based Guidance on Implementing IFRS S2—when applying IFRS Sustainability Disclosure Standards (ISSB Standards).
ISSB industry-based guidance is a useful resource for companies applying ISSB Standards, as it sets out disclosure topics and metrics that are typically applicable for companies with business models associated with specific industries.
The educational material explains:
- requirements in ISSB Standards that companies ‘shall refer to and consider the applicability of’ the ISSB industry-based guidance;
- considerations related to applying the ISSB industry-based guidance; and
- disclosure requirements about how a company has used the ISSB industry-based guidance.
The publication of this educational material is part of the ISSB’s commitment to supporting the implementation of ISSB Standards and is intended to help companies understand how the ISSB industry-based guidance can be used when applying ISSB Standards.
On 3 July 2025 the ISSB published proposed enhancements to several SASB Standards to provide timely support to companies implementing the ISSB Standards and to ensure that the SASB Standards continue to be relevant and fit for purpose.
This educational material can provide helpful context for stakeholders reviewing the proposed amendments to the SASB Standards in the Exposure Draft Proposed Amendments to SASB Standards. It has no effect on the proposed enhancements and does not add to or otherwise change the requirements in the ISSB Standards.
Followable tags
IFRS Sustainability Standards development
Applying IFRS Sustainability standards
IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
IFRS S2 Climate-related Disclosures
