The IFRS Foundation and Global Reporting Initiative have reaffirmed their commitment to align ISSB and GRI sustainability reporting standards, supporting the development of a more seamless, comprehensive, and globally consistent reporting system.
The joint statement highlights ongoing efforts to align common disclosures across the standards, helping companies reduce duplication and reporting complexity while improving interoperability for sustainability reporting users.
The collaboration focuses on key areas including climate disclosures, nature-related reporting, sector-specific standards, and human capital disclosures. The organizations also emphasized the complementary nature of their standards, combining investor-focused financial materiality with broader impact-based reporting on the economy, environment, and society.
The renewed collaboration follows discussions between ISSB Chair Emmanuel Faber and GSSB Chair Susanne Stormer, reinforcing continued efforts toward a more efficient and connected global sustainability reporting landscape.
