Key developments in non-financial reporting standards with ISSB

19 August 2024

Jo Kelly, Chief Executive of the Centre for Sustainable Finance, was pleased to join April Mackenzie, Chief Executive at External Reporting Board, and Rikki Stancich, Climate & Sustainability Partner at Deloitte, to host Sue Lloyd, Vice Chair at International Sustainability Standards Board, and hear about key developments in non-financial reporting standards and the ISSB’s efforts to enable a global baseline of sustainability disclosures focused on the needs of investors and the financial markets.

Key takeaways:

• Several countries in the global south are looking towards adopting ISSB standards as countries seek to make themselves attractive to global capital for transition and ensure credible capital markets.

• The ISSB has released a jurisdictional guide that focuses on supporting jurisdictional journeys towards globally comparable information for capital markets through the adoption or other use of ISSB standards.

• There is more rather than less alignment between the Aotearoa New Zealand Climate Standard (NZ CS) and the ISSB standards, with New Zealand’s 2025 post-implementation review seeking areas for further alignment with international developments relevant to New Zealand entities.