The International Financial Reporting Standards Foundation’s International Sustainability Standards Board (ISSB) announced it will undertake standard-setting to introduce additional disclosure requirements on nature-related risks and opportunities, drawing on the Taskforce on Nature-related Financial Disclosures (TNFD) framework. The ISSB welcomed TNFD’s decision to complete its current technical work by the third quarter of 2026 and then pause any further technical guidance work as the ISSB advances the global baseline for nature-related disclosures. The incremental requirements are intended to address investor information needs not already reflected in explicit requirements in IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. The ISSB will decide its standard-setting approach in the coming months, with options including application guidance or amendments to existing ISSB Standards, industry-based guidance, additional sources of guidance or a new standard, and the work will be subject to public consultation under the IFRS Foundation’s due process. An Exposure Draft is targeted for publication by the Convention on Biological Diversity COP17 in October 2026, followed by any necessary educational materials to support application of ISSB requirements for material nature-specific information.
International Financial Reporting Standards Foundation 2025-11-07
International Financial Reporting Standards Foundation’s ISSB to develop incremental nature-related disclosure requirements drawing on the TNFD framework
The ISSB will develop new disclosure requirements on nature-related risks and opportunities, using the Taskforce on Nature-related Financial Disclosures framework. This aims to enhance investor information beyond current IFRS S1 and S2 standards. The ISSB will determine its approach, potentially including new guidance or standards, with an Exposure Draft expected by October 2026.