In its response to ISSB’s consultation on agenda priorities, the WFE urges the ISSB to take further action to support companies in implementing the ISSB standards (IFRS S1 and IFRS S2) . We envisage the ISSB to be used internationally; improving the quality of implementation across the globe should be the next critical step as this promotes comparability and supports efforts to tackle greenwashing, making the information that investors depend on more reliable.
In addition to strengthening consistent implementation, the WFE recommends that the ISSB concentrates on broadening its focus to include nature and biodiversity as these are critical in achieving international climate objectives and are closely inter-related. The consultation response also speaks to the importance of ISSB providing guidance around the assessment and reporting of human rights and human capital related issues across the value chain.
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