Alignment with European sector-specific requirements important
On the occasion of the ISSB consultation on the internationalization of SASB standards, we advocate that the updated SASB standards be published before companies can apply the IFRS S1 standard in early 2024. In our letter to Emmanuel Faber, ISSB Chair, we urge the ISSB to work towards alignment with the sector-specific European Sustainability Reporting Standards (ESRS). Alignment of sector-specific requirements is essential not only for preparers but also for users of sustainability information. This way, the applicability and comparability of the information will be improved.