ISSB issued its first international sustainability standards

The International Sustainability Standards Board (ISSB) has issued its first two international sustainability standards (the Standards) that become effective for periods beginning on or after January 1, 2024.

Together they mark the start of a new era of requiring reporting entities to make sustainability-related disclosures.

In Canada, the Canadian Sustainability Standards Board (CSSB or the Board) was created to work in partnership with the ISSB to drive the adoption of the ISSB standards in Canada.

As of the date of this publication, no decision has yet been made on whether and when the Standards will be adopted in Canada.

Read this document for more details.