ISSB confirms requirement to use climate-related scenario analysis
04 November 2022
At its supplementary board meeting held on 1 November 2022, the ISSB voted to confirm that companies are required to use climate-related scenario analysis to report on climate resilience and to identify climate-related risks and opportunities to support their disclosures. The ISSB also agreed to provide application support to preparers including making use of materials developed by the TCFD to provide guidance to preparers on how to undertake scenario analysis.
The press release by the ISSB may be accessed here.