Jurisdictional consultations on adoption of ISSB standards

The ISSB standards are the following: 

• Japan: the Sustainability Standards Board of Japan (SSBJ) received more than 100 comment letters to its initial consultation on Exposure Drafts of the Sustainability Disclosure Standards released on 29 March 2024, and is currently reviewing the original proposals, with an intention to publish final standards in March 2025. As a result of this exercise, the SSBJ has launched a public consultation on Revised Proposals Related to the Calculation Period for the Reporting of Metrics with comments requested by January 10, 2025; 
• Qatar: the Qatar Financial Centre Regulatory Authority has published Proposed Amendments to General Rules on Corporate Sustainability Reporting, aligned with IFRS S1 and IFRS S2. The reporting requirements will apply to financial services firms designated by the Regulatory Authority. 25 March 2025 
• UK: the UK Sustainability Disclosure Technical Advisory Committee (TAC) has recommended the endorsement of the first two IFRS Sustainability Disclosure Standards. The TAC has recommended minor amendments, including extended transitional relief for ‘climate-first’ reporting from one to two years. The Government will now consider these recommendations and is expected to consult on adoption of the standards in the first half of 2025, with the scope of companies required to comply with standards to be consulted on separately. 
• Canada: the Canadian Sustainability Standards Board (CDSB) has published the final versions of its ISSB-aligned climate-disclosure standards (CSDS 1 and CSDS 2). These standards are available for voluntary adoption, until their use is mandated by regulatory authorities.