Preview of a guide on jurisdictional adoption of or other use of ISSB Standards

Keywords: Mazars, Thailand, Sustainability, ISSB, Jurisdictional Guide, Standards

The ISSB has issued a preview of its jurisdictional guide for the adoption or other use of the ISSB Standards. It aims to “promote globally consistent and comparable climate and other sustainability-related disclosures for capital markets through the adoption or other use of ISSB Standards […] in a way that takes into account jurisdictional considerations” 

This guide provides information that is intended to support jurisdictions on their journey towards adopting the standards, as well supporting transparency for capital markets, regulators and other stakeholders on the progress being made towards adoption. The guide includes factors for local standard setters to consider when developing their policy decision including, for example, relevant laws or regulation, entities to be included, where disclosures should be reported, identifying the reporting entity, setting the effective date, transitional reliefs and jurisdictional modifications.  

The ISSB intends to finalise the guide in the first half of 2024.