Implementation Guidance for the International Sustainability Standards Board (ISSB) Standards and the European Sustainability Reporting Standards (ESRS)

In a significant step towards a global baseline for sustainability-related financial disclosures, the International Financial Reporting Standards (IFRS) has published the International Sustainability Standards Board (ISSB) Standards. Companies with operations or subsidiaries in the European Union are preparing for the new mandatory sustainability disclosures under the EU's Corporate Sustainability Reporting Directive (CSRD). Meanwhile, the final versions of the European Sustainability Reporting Standards (ESRS) will be published later this year.

The WBCSD CFO Network has put together a step-by-step guide to help companies navigate these standards. This valuable resource discusses the requirements of the ISSB Standards and the European Sustainability Reporting Standards (ESRS).