Skip to content (Press enter)
Show Sections

Current stage

In March 2022, the International Sustainability Standards Board (ISSB) published two exposure drafts:

  • [Draft] IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information; and
  • [Draft] IFRS S2 Climate-related Disclosures.

The IFRS Foundation staff has prepared a staff draft of the IFRS Sustainability Disclosure Taxonomy that is based on the proposals in the exposure drafts and that reflects recommendations discussed in the staff request for feedback on the staff draft of the IFRS Sustainability Disclosure Taxonomy.

The staff request for feedback sets out the initial thinking for staff recommendations to the ISSB for consideration when developing the proposed IFRS Sustainability Disclosure Taxonomy and alternative approaches that were considered, but rejected, when preparing the staff draft of the IFRS Sustainability Disclosure Taxonomy. 

The comment letter period closed on 30 September 2022.

The ISSB has considered staff research and feedback received and will now develop a Proposed IFRS Sustainability Disclosure Taxonomy for public consultation in accordance with the IFRS Foundation Due Process Handbook.

ISSB Update November 2022

The ISSB met on 15 November 2022 to discuss feedback on the staff draft of a proposed IFRS Sustainability Disclosure Taxonomy based on IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (draft S1) and IFRS S2 Climate-related Disclosures (draft S2).

The ISSB was not asked to make any decisions.

Next milestone

Proposed IFRS Sustainability Disclosure Taxonomy