Introducing the ISSB Taxonomy - Video

Open Resource

Year Published

2024

Contributing Organizations

International Financial Reporting Standards (IFRS)

Type of Resource

Webinar or Podcast

Languages

English

Relevant Topics

Core Topic

Taxonomies

Topic 2

Disclosure Standards

Target Audience

All

Relevant Geography

Global

Open Resource

Resource Description

This resource presents the IFRS Sustainability Disclosure Taxonomy, launched by the ISSB to digitalize sustainability-related disclosures. It explains how the taxonomy enables companies to tag and report data in a machine-readable format, supporting comparability and enhancing transparency for investors and regulators.

Why This Matters

Digital sustainability reporting boosts market transparency, comparability, and regulatory oversight. By aligning with global standards, the ISSB taxonomy empowers investors and regulators with better data while reducing costs and complexity for preparers and users of sustainability information.

Key Insights

The taxonomy allows standardized, digital tagging of sustainability disclosures
It supports interoperability with other frameworks and national standards
Enables efficient data analysis by investors, regulators, and companies
Works with both IFRS and other GAAP taxonomies for integrated financial reporting
Enhances the accessibility, usability, and trustworthiness of ESG data

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