ISSB Sustainability Reporting Gets Boost With New ISS IFRS Program

Takeaways

• ISS-Corporate has launched a new ISSB IFRS reporting solution to help companies comply with global sustainability disclosure standards.
• The program combines advisory support, carbon accounting, and reporting software in one platform focused on IFRS S1 and IFRS S2 requirements.
• The launch comes as the adoption of International Sustainability Standards Board (ISSB) standards continues to grow across global markets.

As global sustainability reporting rules continue to expand, ISS-Corporate has introduced a new program designed to help businesses align with the International Sustainability Standards Board’s reporting framework.

The company announced the launch of its ISSB IFRS program, a solution that combines software tools and advisory services to support organizations in meeting sustainability disclosure requirements under IFRS S1 and IFRS S2 standards.

The move reflects the growing importance of standardized environmental, social, and governance (ESG) reporting as regulators and investors increasingly demand clearer information on climate-related risks and sustainability performance.

The ISSB was established in 2021 by the IFRS Foundation to create a global baseline for sustainability disclosures. In 2023, the organization introduced its first reporting standards, i.e., IFRS S1 for general sustainability disclosures and IFRS S2 for climate-related reporting.

Read More: IFRS-Based Sustainability Reporting Standards to Become Mandatory in the Philippines

According to recent updates shared by ISSB Chair Emmanuel Faber, 42 jurisdictions are either adopting, using, or preparing to use the ISSB standards, signaling rapid international momentum toward unified sustainability reporting practices.

ISS-Corporate said its newly launched solution is intended to simplify compliance efforts for companies facing evolving disclosure expectations. The program integrates climate advisory expertise, emissions accounting, and reporting technology into a single system.

Among the key features is a gap assessment tool that helps businesses compare their existing sustainability and climate disclosures against IFRS S2 requirements. The process is designed to identify reporting weaknesses, highlight priority areas, and guide next steps for compliance preparation.

The solution also includes carbon accounting capabilities that support the creation of greenhouse gas inventories aligned with the GHG Protocol. This includes Scope 1, Scope 2, and Scope 3 emissions tracking, helping companies build emissions datasets for reporting, target-setting, and climate risk analysis.

In addition, the platform offers physical climate risk assessments to evaluate how climate hazards could affect company-owned and operated assets. It also provides transition risk and opportunity analysis, allowing organizations to examine the possible financial impact of factors such as carbon pricing, policy changes, energy market shifts, and emerging technologies.

The program further supports businesses with climate target development, transition planning, and sustainability reporting preparation.

Reinhilde Weidacher, Head of Corporate Sustainability Services at ISS-Corporate, said the market increasingly requires companies to move beyond basic compliance.

She noted that sustainability reporting is becoming a central way for organizations to communicate resilience, strategy, and risk management to investors and stakeholders over the long term.

Also Read: IFRS Foundation Updates Sustainability Reporting Standards for Agriculture and Utilities

The launch highlights how companies across industries are seeking integrated tools to manage growing reporting obligations while improving transparency around sustainability performance and climate-related risks.

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Source: ESGtoday