ISSB outlines steps required to establish global outline of sustainability disclosures

The ISSB has published a summary of steps required to establish a comprehensive global baseline of sustainability disclosures.

The ISSB’s target is to have completed by the end of 2022 the necessary institutional and technical standard-setting work to establish the core elements of the global baseline, subject to feedback received from its ongoing consultation. The summary notes that the implementation of the global baseline will then require action by others, including public authorities and market participants, to contribute towards the development of the global baseline and to require or encourage its widespread use.

The summary may be accessed here.