The ISSB just made some big moves in the sustainability world. From updated standards to new deadlines, here's what you missed from their October meeting.
Key Points
โข๐ Meeting Date: ISSB met on 28 October 2025
โข๐ New Standards: Updates to IFRSยฎ Sustainability Disclosure Standards
โข๐ Transparency Focus: Emphasis on clearer sustainability metrics
โข๐๏ธ Work Plan: Changes reflected in the official work plan
โข๐ Due Process: Final decisions to be balloted as per the Due Process Handbook
๐ Meeting Highlights
The International Sustainability Standards Board (ISSB) held a crucial meeting on 28 October 2025. Major decisions were made that will impact the landscape of sustainability disclosures. The key focus was on updating the IFRSยฎ Sustainability Disclosure Standards to ensure they are more comprehensive and transparent.
๐ Whatโs Changing
The ISSB is doubling down on transparency. The updated standards will demand more detailed sustainability metrics from companies, pushing for greater accountability. This move is expected to enhance the reliability of sustainability reports, making it easier for stakeholders to assess a company's true environmental impact.
๐๏ธ Work Plan Updates
All these changes are being integrated into the ISSB's official work plan. Companies and stakeholders can track the progress of these updates through the work plan, ensuring they are prepared for the new requirements. The ISSB's commitment to a structured approach is evident, as they follow the guidelines set out in their Due Process Handbook.