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 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.
IFRS SDS translations now available in four languages
The IFRS has announced the translation of the IFRS SDS, along with accompanying guidance and basis for conclusions, into Japanese and Korean, bringing to four the number of translations of the standards, which are also available in French and Spanish.
IFRS Foundation guidance on using the SASB standards to meet the requirements of IFRS S1
On 19 February, the IFRS Foundation published educational material on using the SASB Standards to meet the requirements in IFRS S1 and a webcast on the importance of industry-specific disclosures to investors.
ISSB Update and podcast – February 2024
The ISSB Update, summarising the February 2024 International Sustainability Standards Board (ISSB) meeting, is now available along with latest episode of the ISSB podcast in which the Chair and Vice Chair discuss the key messages from the IFRS Sustainability Symposium, the IFRS Foundation’s capacity building program and the recently issued jurisdictional guide for adoption of ISSB Standards.
Illustration of interoperability between GRI and ISSB standards through the reporting on GHG emissions
On 18 January 2024, the IFRS Foundation and GRI jointly published the following document:
Joint IASB-ISSB meeting to discuss feedback on ISSB consultation on its future priorities
The inaugural joint IASB-ISSB meeting was held on 25 January 2024 to hold preliminary discussions on the feedback from the ISSB’s consultation launched in May 2023 on its priorities for the next two years.
ISSB publishes new resources on IFRS S1 and IFRS S2
On 14 December 2023, the ISSB announced the publication of new resources to help companies apply the first two IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2) from 2024 (the effective date set out in the standards).
IFRS Foundation launches knowledge hub to support implementation of ISSB standards
On 1 December 2023, the IFRS Foundation announced the creation of a knowledge hub dedicated to IFRS Sustainability Disclosure Standards.