Necessary transfer of ISSB standards into European law

In a joint letter, more than 40 companies have appealed to the Federal Ministers Buschmann and Lindner to advocate for a process in the final negotiations of the Corporate Sustainability Reporting Directive (CSRD) that enables the standards of the International Sustainability Standards Board (ISSB) to be transferred into European law.

The aim of the ISSB is to present internationally accepted minimum standards that help to ensure that the reported data is internationally comparable, that a level playing field exists for the reporters and that the sustainability information is used efficiently by investors for decision-making.

You can find the English translation of the letter at the end of the document.