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This ISSB Update highlights preliminary decisions of the International Sustainability Standards Board (ISSB). Projects affected by these decisions can be found on the work plan. The ISSB's final decisions on IFRS® Sustainability Disclosure Standards are formally balloted as set out in the IFRS Foundation's Due Process Handbook.

The ISSB met on 28 January 2026.

Contents

Research and standard-setting

Applying Standards

Research and standard-setting

Biodiversity, Ecosystems and Ecosystem Services (Agenda Paper 3)

The ISSB met on 28 January 2026 to discuss the objective and scope of its standard-setting project on nature-related risks and opportunities.

The ISSB decided to proceed with standard-setting on the basis that it would:

  1. cover material information on all nature-related risks and opportunities that could reasonably be expected to affect an entity’s prospects instead of limiting the scope; and
  2. assume that entities are applying IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures and result in disclosure requirements or guidance on nature-related risks and opportunities to supplement those requirements.

All 12 ISSB members agreed with these decisions.

Next step

The ISSB will continue discussions on this project, beginning with the development of defined terms for disclosure requirements.

Applying Standards

Supporting the Implementation of IFRS S1 and IFRS S2 (Agenda Paper 9) 

The ISSB met on 28 January 2026 to receive an update on the November 2025 meeting of the Transition Implementation Group on IFRS S1 and IFRS S2 (TIG).   

The ISSB was not asked to make any decisions. 

Next step

The ISSB will receive an update after the next TIG meeting.