Talking ESG: What should the ISSB focus on next?

Shape Future #Sustainability with #ISSB Key Takeaways:

• Active participation in ISSB's agenda can steer global ESG standards.
• Biodiversity, human capital, and human rights are pivotal next focuses.
• Feedback on ISSB's future focus is crucial for impactful reporting.

Further Insights

1. Consultation Focus: ISSB seeks input on its agenda priorities for the next 2 years, highlighting biodiversity, human capital, and human rights as key areas.

2. Global Reporting: Aiming for a global baseline in sustainability reporting, ISSB's standards will profoundly influence multinational reporting practices.

3. Technical Challenges: Creating standards for less mature areas like biodiversity presents significant challenges compared to climate reporting, requiring innovative approaches.

4. Collaboration Prospects: Potential collaboration between ISSB and IASB could lead to integrated financial and ESG reporting, particularly in areas like human capital.

Closing Thoughts: As ESG reporting evolves, how can organizations best prepare for the implementation of these upcoming standards to ensure both compliance and sustainability leadership?

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