Inaugural Jurisdictional Guide for ISSB Standards Adoption

The Inaugural Jurisdictional Guide for the adoption or other use of ISSB Standards serves as a comprehensive guide aimed at promoting globally consistent and comparable climate and sustainability-related disclosures for capital markets. The guide supersedes a previous preview published in February 2024 and builds upon earlier frameworks established by the IFRS Foundation. It outlines various approaches jurisdictions may take to adopt or apply ISSB Standards, specifically IFRS S1 and IFRS S2, within their legal and regulatory frameworks. The guide aims to support jurisdictions in designing their adoption processes while enhancing transparency for capital markets and stakeholders regarding sustainability-related risks and opportunities. It details the features that jurisdictions should consider when implementing these standards, including the development of jurisdictional profiles that will document progress and approaches to sustainability reporting. The IFRS Foundation plans to refine the guide as ISSB Standards evolve and to provide ongoing support for international regulators and authorities in the adoption process.