Sustainability Section - Doing Business
You will find here a series of summaries providing an overview of useful sustainability regulations, processes and sustainability issues for Doing Business in Thailand.
ISSB May 2024 update
The ISSB Update for May 2024 provides summary of the recent ISSB meeting. No major decisions were made during the meeting, though the ISSB did decide to continue to use the existing SASB industry classification for its next two year work plan, and to consider enhancing the industry groupings when the SASB standards themselves are updated.
Latest jurisdictional developments in sustainability reporting
A number of jurisdictional consultations on adoption of sustainability reporting based on IFRS standards are ongoing.
ISSB Taxonomy webcast
Following the announcement in April 2024 of the publication of the ISSB Taxonomy, which is intended to enable investors and other stakeholders to search sustainability-related disclosures, the ISSB has recorded a short webcast summarising the key features and benefits of the taxonomy for investors, companies and regulators.
Transition to integrated reporting
The IFRS Foundation has released Transition to integrated reporting: A guide to getting started,
to assist companies looking to apply both the IFRS Sustainability Disclosure Standards and the
Integrated Reporting Framework.
to assist companies looking to apply both the IFRS Sustainability Disclosure Standards and the
Integrated Reporting Framework.
Webinar series “Perspectives on sustainability disclosure” and webcasts on “Current and anticipated financial effects”
The IFRS Foundation has established a new series of monthly webinars exploring key topics related to sustainability reporting aimed primarily at preparers.
European Parliament adopts the Corporate Sustainability Due Diligence Directive
In a plenary session on 24 April 2024, the European Parliament voted to adopt the compromise text of the future Corporate Sustainability Due Diligence Directive (CSDDD), with 374 votes in favour, 235 against, and 19 abstentions
SSBJ consultation on IFRS-compliant sustainability reporting standards
On 5 April 2024, the Sustainability Standards Board of Japan (SSBJ) released a summary of the differences between (i) the three exposure drafts it published on 29 March 2024 as part of a public consultation (deadline for responses: 31 July 2024) and (ii) the ISSB’s first two IFRS standards in this area (IFRS Sustainability Disclosure Standards), accompanied by a concordance table, since the SSBJ has largely aligned its proposals on the IFRS standards.
ISSB publishes IFRS digital taxonomy for sustainability reporting
On 30 April 2024, the ISSB published the digital taxonomy applicable to sustainability information prepared under the IFRS Sustainability Disclosure Standards, the IFRS Sustainability Disclosure Taxonomy also known as the “ISSB Taxonomy”.
ISSB to commence research projects about risks and opportunities related to nature and human capital
On 23 April 2024, following discussions within the Board at its last monthly meeting, the International Sustainability Standards Board (ISSB) announced the launch of new research projects on the reporting of the risks and opportunities relating to (i) biodiversity, ecosystems and ecosystem services and (ii) human capital (see the press release here). This work is designed to give priority to meeting investors’ needs for information on these subjects and ties in with the public consultation launched in May 2023 on its future work programme.
Preview of a guide on jurisdictional adoption of or other use of ISSB Standards
The ISSB has issued a preview of its jurisdictional guide for the adoption or other use of the ISSB Standards.