ISSB Proposes Updates to SASB Standards for Key Sectors
The IFRS Foundation’s International Sustainability Standards Board (ISSB) has released new exposure drafts proposing amendments to three sector-specific Sustainability Accounting Standards Board (SASB) standards, covering:
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Agricultural Products
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Meat, Poultry & Dairy
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Electric Utilities & Power Generators
Originally established in 2011, SASB was integrated into the ISSB in 2022 and continues to play a key role in supporting ISSB standards such as IFRS S1 and IFRS S2, providing industry-specific ESG disclosure guidance across 77 sectors.
What’s Changing?
The proposed amendments aim to:
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Align SASB standards with ISSB frameworks
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Enhance global applicability and comparability
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Improve decision-usefulness for investors
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Strengthen interoperability with other reporting standards
Key Proposed Updates by Sector
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Agricultural Products:
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Expanded scope to include direct farming operations
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New disclosures on food loss & waste and land use & ecological impacts
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Meat, Poultry & Dairy:
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Updated metrics
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New topics: product innovation, environmental & social supply chain management
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Electric Utilities & Power Generators:
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New disclosures on ecological impacts, community relations, indigenous rights, and workforce management
Consultation Timeline
The ISSB is inviting stakeholder feedback, with the public consultation open until 24 July 2026.
