Global standardization efforts

• The International Sustainability Standards Board (ISSB) is working to create a global baseline for sustainability-related disclosure standards
• This aims to reduce fragmentation in reporting requirements across different jurisdictions
• The standards focus on enterprise value creation and are designed to work alongside jurisdiction-specific requirements

Scope and coverage

• SDRs typically cover a wide range of sustainability topics, including climate change, biodiversity, human rights, and governance
• They often apply to both public and private companies, as well as financial institutions
• Requirements may vary based on company size, sector, and jurisdiction

Alignment with other frameworks

SDRs often align with or incorporate existing frameworks such as:

• 1. Task Force on Climate-related Financial Disclosures (TCFD)
• 2. Global Reporting Initiative (GRI)
• 3. Sustainability Accounting Standards Board (SASB)

This alignment aims to reduce reporting burden and improve comparability

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