The ISSB is preparing for the initial application of its S1 and S2 standards with a focus on climate-related information, reflecting investor priorities and sustainability reporting challenges.
The International Sustainability Standards Board (ISSB) will hold an additional meeting on April 4, 2023 to discuss transitional measures in favor of companies that will apply its first two standards, S1 and S2.
During the first year of reporting, companies might thus focus on the publication of climate-related information. The publication of all the information required by the standards would not be required until the following year.
According to the ISSB, this approach follows numerous returns from investors asking for prioritization of the publication of climate-related reporting elements. In terms of timing, the ISSB is still aiming for publication of the S1 and S2 standards towards the end of the second quarter of 2023.
Julien Catanese Aubier
Editorial director of Compta Online, a 100% digital community media aimed at accounting professions since 2003.
Graduated in chartered accountancy, following 7 years as editor-in-chief then editor-in-chief Tax and chartered accountants at LexisNexis, I joined the Compta Online team in June 2020.
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