![]() ![]() to facilitate interoperability with disclosures that are jurisdiction-specific and/or aimed at broader stakeholder groups.to enable companies to provide comprehensive sustainability information to global capital markets and.to meet the information needs of investors.to develop standards for a global baseline of sustainability disclosures.The ISSB has set out four key objectives: The ISSB has international support with its work to develop sustainability disclosure standards backed by the G7, the G20, the International Organization of Securities Commissions (IOSCO), the Financial Stability Board, African Finance Ministers and Finance Ministers and Central Bank Governors from more than 40 jurisdictions. There is also a strong desire to address a fragmented landscape of voluntary, sustainability-related standards and requirements that add cost, complexity and risk to both companies and investors. There are increasing calls for companies to provide high-quality, globally comparable information on sustainability-related risks and opportunities, as indicated by feedback from many consultations with market participants. Sustainability factors are becoming a mainstream part of investment decision-making. ![]() 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. The Trustees of the IFRS Foundation announced the formation of the International Sustainability Standards Board (ISSB) on 3 November 2021 at COP26 in Glasgow, following strong market demand for its establishment. About the International Sustainability Standards Board ![]()
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