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The International Sustainability Standards Board (ISSB) is seeking feedback on its Exposure Draft (ED), IFRS Sustainability Disclosure Practice Statement 1 Nature-related Disclosures.
The proposals have been developed to help companies provide material information to investors about nature-related risks and opportunities, including material information about how their dependencies and impacts on nature give rise to those risks and
opportunities.
Companies applying the ISSB’s foundational Standard, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information, are already required to disclose material information about their sustainability-related risks
and opportunities that could affect their prospects, which include those related to nature. The focus of the ISSB’s nature-related disclosures project is to provide more detail on how companies can provide this information, improving the quality
and comparability of nature-related financial information globally.
The ISSB’s proposals come in the form of a Practice Statement, which a company is not required to comply with to state compliance with ISSB Standards. In addition to seeking feedback on the content of the proposals, the ISSB is asking for feedback
on whether to finalise the Practice Statement or issue nature-related content in another form (for example, as a Standard).
ISCA invites comments to be submitted to professionalstandards@isca.org.sg by 9 December 2026.
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