The International Sustainability Standards Board (ISSB) has welcomed hundreds of responses to its draft Climate and General Requirements disclosure standards. Over the 120-day comment period, the draft proposals – which aim to standardise sustainability reporting globally – received global feedback from a range of stakeholder groups, including investors (such as the Net Zero Asset Owner Alliance), regulators and standards-setters. The ISSB is now assessing submitted comments and will discuss the findings in its board meetings. Emmanuel Faber, ISSB Chair, said: “I am encouraged by the number of comments we have received on our proposals. Global solutions require collective action, and the feedback we have received provides a critical grounding on which to build sustainability disclosure standards that provide a global baseline for the capital markets.” The standards are expected to be finalised by the end of this year.
The ISSB has received more than 1,300 comment letters on its two proposed sustainability disclosure standards.
— IFRS Foundation (@IFRSFoundation) August 5, 2022