The IFRS Foundation Trustees, responding to an urgent demand for transparent financial-related sustainability disclosures by companies, created the International Sustainability Standards Board (ISSB). The Trustees also agreed that it would be important to build on sustainability disclosure standards that had already been created and to work with the organisations that created these standards.
To do so, the Foundation agreed to consolidate the Value Reporting Foundation (VRF) and to build on and evolve the SASB Standards, a set of industry-based sustainability disclosure standards previously maintained by the VRF that help businesses and investors connect on the financial impacts of sustainability.
When the VRF consolidated into the IFRS Foundation in August 2022, all active SASB Standards projects were transferred from the SASB Standards Board to the IFRS Foundation. The ISSB will use feedback from its consultation on its future priorities to develop a detailed delivery plan for these projects.
- International applicability of SASB Standards
- Alternative Products in Food & Beverage
- Content Governance in the Internet Media & Services Industry
- Greenhouse Gas Emissions in Marine Transportation
- Human Capital
- Human Capital: Diversity, Equity & Inclusion
- Plastics Risks and Opportunities the Chemicals Industry
- Renewable Energy in Electric Utilities & Power Generators Industry
