ACCA FR Syllabus A. The Conceptual And Regulatory Framework - The ISSB - Notes ^{6 / 6}

The ISSB has set out 4 Objectives:

The ISSB is developing—in the public interest—standards that will result in a high-quality, comprehensive global baseline of sustainability disclosures focused on the needs of investors and the financial markets.

1. Developing standards for a global baseline of sustainability disclosures.

2. Meeting the information needs of investors.

3. Enabling companies to provide comprehensive sustainability information to global capital markets.

4. Facilitating interoperability with disclosures that are jurisdiction-specific and/or aimed at broader stakeholder groups.

The ISSB builds on the work of market-led investor-focused reporting initiatives—including the Climate Disclosure Standards Board (CDSB), the Task Force for Climate-related Financial Disclosures (TCFD), the Value Reporting Foundation’s Integrated Reporting Framework and industry-based SASB Standards, as well as the World Economic Forum’s Stakeholder Capitalism Metrics.