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.
Contents
Research and standard-setting
Research and standard-setting
Biodiversity, Ecosystems and Ecosystem Services (Agenda Paper 3)
The ISSB met on 19 and 20 March 2025 to receive an update on the project, including findings on:
- the current state of disclosure related to biodiversity, ecosystems and ecosystem services; and
- evidence of the effects of risks and opportunities related to biodiversity, ecosystems and ecosystem services on entities’ prospects.
The ISSB was not asked to make any decisions.
Next step
The ISSB will continue discussing the research project and the approach to the next phase of research.
Human Capital (Agenda Paper 4)
The ISSB met on 19 and 20 March 2025 to receive an update on the project, including findings on:
- the current state of disclosure related to human capital; and
- other standards and frameworks for disclosures related to human capital.
The ISSB was not asked to make any decisions.
Next step
The ISSB will continue discussing the research project and the approach to the next phase of research.
Enhancing the SASB Standards (Agenda Paper 6)
The ISSB met on 20 March 2025 to discuss its approach to developing amendments to the 12 SASB Standards it has prioritised for enhancement.
The ISSB was not asked to make any decisions.
Next step
The ISSB will decide whether to ratify the exposure drafts of proposed amendments to the first nine of the 12 SASB Standards.
