International Sustainability Standards Board

Name

International Sustainability Standards Board

Legal name

International Sustainability Standards Board

Website

https://ifrs.org

Company type

Private

Founded year

2021

Operating status

Operating

Ownership category

akta.pro rank

Product category

Sustainability Disclosure Standards

NAICS

Information (51)

SIC

Finance Services (6199)

akta.pro primary industry

Environmental, Climate & Sustainability Standards & Reporting Cooperation (BPADANAI)

akta.pro secondary industries

ESG Reporting, Disclosure & Regulatory Compliance (SFDR, EU Taxonomy, TCFD/ISSB) (FSAAALAK), Standards Development & Publishing (SDOs, Technical Standards) (MPAJACAB), Financial Accounting & Reporting (GAAP/IFRS) (EDABAJAB)

Keywords

• Sustainability disclosure standards
• Climate-related financial reporting
• Sustainability accounting standards
• XBRL financial taxonomy
• Global capital markets standards

Headquarters

HQ city

City Of London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Licensing Programs: Organizations can license ISSB standards for integration into commercial offerings, products, and services. Licensees receive standards in formats for system integration and automatic updates.
2. IFRS Digital Subscription: Subscription service providing instant access to comprehensive versions of IFRS Standards and thousands of supporting documents. Includes complete IFRS Sustainability Disclosure Standards, annotated versions, and supplementary material. Individual and group subscriptions available.
3. Publications and Shop: Sale of standards documents, ePubs, and other publications through the IFRS Foundation shop.
4. Training and Credential Programs: FSA Credential exams and ISSB Training Partner Programme for professional development in sustainability disclosure.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

The ISSB develops and issues IFRS Sustainability Disclosure Standards—principally IFRS S1 and IFRS S2—establishing a global baseline for sustainability-related financial disclosures used in capital markets. It also maintains the industry-based SASB Standards, publishes XBRL-based digital taxonomies for machine-readable tagging of sustainability disclosures, and provides complementary services including the FSA Credential, training programmes, and licensing for commercial integration.

Product overview

The International Sustainability Standards Board (ISSB) operates as a standards organization within the IFRS Foundation, developing a comprehensive suite of sustainability disclosure standards for global capital markets. The core offering consists of IFRS Sustainability Disclosure Standards—primarily IFRS S1 and IFRS S2—establishing a global baseline for sustainability-related financial information. Supporting this, the ISSB maintains the SASB Standards for industry-specific metrics and provides digital taxonomies (IFRS Sustainability Disclosure Taxonomy and SASB Standards Taxonomy) in XBRL format for machine-readable reporting. Professional development offerings include the FSA Credential certification, ISSB Training Partner Programme, and Alliance Membership Programme. The ISSB also provides licensing for commercial integration of standards and operates advisory groups including the IFRS Sustainability Reference Group. The organization does not develop traditional SaaS or software products, but rather standards, taxonomies, and educational services.

Differentiator

Problem solved

Functional benefit

Products and services

• IFRS S1 - General Requirements for Disclosure of Sustainability-related Financial Information The foundational ISSB standard establishing general requirements for disclosing sustainability-related financial information in general purpose financial reports, addressing investor information needs across global capital markets.
• IFRS S2 - Climate-related Disclosures The climate-specific ISSB standard requiring companies to disclose information about climate-related risks and opportunities, including Scope 1, 2 and 3 greenhouse gas emissions and alignment with TCFD recommendations.
• SASB Standards Industry-based sustainability standards providing metrics for material sustainability risks and opportunities across 77 industries, maintained by ISSB and intended for use alongside IFRS Sustainability Disclosure Standards.
• IFRS Sustainability Disclosure Taxonomy XBRL-based digital taxonomy reflecting the disclosure requirements of IFRS Sustainability Disclosure Standards, including accompanying materials, for machine-readable tagging of sustainability-related financial information.
• SASB Standards Taxonomy XBRL-based digital taxonomy for tagging sustainability-related financial information in accordance with industry-based SASB Standards, used by preparers applying SASB Standards independently or alongside ISSB Standards.
• FSA Credential Professional credential, assessed through two exams, demonstrating expertise in integrating sustainability considerations into corporate performance assessment and investment analysis.
• ISSB Training Partner Programme Partnership-based training programme that enables organizations to deliver authorized education on ISSB Standards to preparers and other sustainability reporting stakeholders.
• Alliance Membership Programme Membership programme that supports organizations building capacity for effective implementation and adoption of sustainability-related disclosure practices consistent with ISSB Standards.
• IFRS Sustainability Licensing Licensing programme allowing organizations to integrate IFRS Sustainability Disclosure Standards into commercial offerings, with standards supplied in formats suitable for system integration and automatic updates.

Quantifiable outcome

• IOSCO endorsement across 130 jurisdictions covering 95%+ of world securities markets
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core.

• International Organization of Securities Commissions (IOSCO)coreStrategic or Co-development Partner · 25 July 2023IOSCO announced its endorsement of ISSB Standards following a comprehensive review. IOSCO is now calling on its 130 member jurisdictions—regulating more than 95% of the world's securities markets—to incorporate ISSB Standards into their regulatory frameworks. The endorsement sends a strong signal that ISSB Standards are fit for purpose for capital market use.
• European Securities and Markets Authority (ESMA)coreStrategic or Co-development PartnerIFRS Foundation has entered into agreements with ESMA in support of shared interest in efficiency of capital markets. ESMA works with the IFRS Foundation in connection with standard-setting and activities to support consistent application.
• IFRS FoundationcoreStrategic or Co-development PartnerISSB is an independent standard-setting board within the IFRS Foundation. The Foundation provides governance, oversight, administrative support, and funding for ISSB operations.
• National Standard-setterscoreStrategic or Co-development PartnerNational standard-setters and regional bodies are key partners in achieving globally accepted standards. They bring knowledge of local requirements, relationships with stakeholders, and play a role in endorsement of new Standards.
• SASB Standards (acquired)coreStrategic or Co-development PartnerISSB acquired the Value Reporting Foundation which included SASB Standards. These industry-based standards are being enhanced and integrated with ISSB Standards as part of the Enhancing SASB Standards project.
• Climate Disclosure Standards Board (CDSB)coreStrategic or Co-development PartnerCDSB technical groups were integrated into the ISSB Technical Reference Group (now replaced by the IFRS Sustainability Reference Group) to provide technical advice during development of IFRS S1 and IFRS S2.
• Task Force on Climate-related Financial Disclosures (TCFD)coreStrategic or Co-development PartnerTCFD recommendations were incorporated into ISSB Standards development. IFRS S2 is aligned with TCFD recommendations for climate-related disclosures.
• XBRL InternationalcoreTechnology or IntegrationIFRS digital taxonomies use eXtensible Business Reporting Language (XBRL) for machine-readable tagging of financial and sustainability disclosures.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• European Financial Reporting Advisory Group (EFRAG): EFRAG developed the European Sustainability Reporting Standards (ESRS) under the EU's CSRD regime, making it the most direct competitor to ISSB in setting sustainability disclosure standards for capital markets. Both bodies produce standards used by multinational preparers and increasingly coordinate through IFRS–ESMA agreements.
• International Accounting Standards Board (IASB): The IASB is ISSB's sister standard-setting board within the IFRS Foundation, developing IFRS Accounting Standards used in 140+ jurisdictions. Its work is closely tied to ISSB's through the 'connectivity' initiative between financial and sustainability disclosures, and it faces a parallel board-size reduction to 10 members by 2028.

Broad incumbents

• Financial Accounting Standards Board (FASB): FASB sets US GAAP accounting standards and shapes the US disclosure environment that intersects with SEC climate disclosure rulemaking. It is a broad incumbent in financial reporting standard-setting whose jurisdictional choices affect ISSB adoption dynamics in the world's largest capital market.
• Global Reporting Initiative (GRI): GRI is the most widely adopted sustainability reporting framework globally and the longstanding incumbent for non-financial sustainability disclosure. ISSB's IFRS S1 explicitly references interoperability considerations with GRI, positioning GRI as the dominant legacy standard-setter that ISSB's global baseline must integrate with rather than replace.
• CDP (Carbon Disclosure Project): CDP operates the world's largest environmental disclosure platform, collecting climate, water, and forestry data from thousands of companies on behalf of investors and buyers. It represents an incumbent disclosure ecosystem that ISSB's IFRS S2 must interoperate with, particularly for company-level climate data feeding capital markets.

Emerging players

• Taskforce on Nature-related Financial Disclosures (TNFD): TNFD has emerged as the leading framework for nature-related and biodiversity financial disclosures. It represents an adjacent emerging standard-setter whose topical scope (natural capital) lies beyond ISSB's current core coverage, making it a strategic bellwether for ISSB's future scope expansion.

Others

• Public Company Accounting Oversight Board (PCAOB): PCAOB sets auditing standards that govern how sustainability and climate disclosures are assured for SEC-registered issuers. It is an ecosystem participant whose assurance framework intersects directly with the credibility and adoption pace of ISSB-aligned sustainability reporting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/IFRSFoundation
• YouTubeyoutube.com/user/IFRSFoundation
• Facebookfacebook.com/IFRSFoundation
• LinkedInlinkedin.com/company/international-sustainability-standards-board

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Sustainability Standards Board