The International Sustainability Standards Board (ISSB) has published the Exposure Draft IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (General Requirements Exposure Draft). This draft sets out the overall requirements for an entity to disclose sustainability-related financial information about all its significant sustainability-related risks and opportunities, to provide the market with a complete set of sustainability-related financial disclosures.

ISSB has also published the Exposure Draft IFRS S2 Climate-related Disclosures (Climate Exposure Draft). This draft builds upon the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and incorporates industry-based disclosure requirements derived from SASB Standards.

The ISSB welcomes views on these two Exposure Drafts from stakeholders, who can submit responses in one of two ways:

• a survey; or
• a comment letter.

The ISSB welcomes broad stakeholder feedback on its proposals to inform its redeliberations to commence in the second half of 2022. The ISSB has made available an online survey as an alternative to the comment letter process to support stakeholders in submitting feedback. Further information about the survey’s functionality is included within its introduction.

To read the drafts and submit responses:

• General Sustainability-related Disclosures
• Climate-related Disclosures

The General Requirements Exposure Draft and Climate Exposure Draft are open for comment until 29 July 2022.