An Architecture for General-purpose Financial Reporting – the Development of IFRS Sustainability Disclosure Standards, Part 2

Part 2 explores the proposed IFRS Sustainability Disclosure Standards, aligning with IFRS Accounting Standards to integrate sustainability and financial data. A Presentation Standard, similar to IAS 1, covers governance, strategy, risk, and metrics. Industry-based standards like SASB and IIRC serve as non-mandatory guidance. The ISSB emphasizes material sustainability risks, climate disclosures, and metric definitions, balancing comparability with flexibility for global standardization.