ESG Today: Japan releases proposed IFRS-based sustainability reporting standards, and more...

The Sustainability Standards Board of Japan (SSBJ) announced the release of new exposure drafts for proposed standards for companies to report sustainability and climate-related information, based on the recently released sustainability disclosure standards by the IFRS Foundation’s International Sustainability Standards Board (ISSB).
The release of the exposure drafts marks the latest in a series of steps that may see Japanese listed companies facing mandatory standardized sustainability-related disclosure requirements. According to the SSBJ, the new exposure drafts were developed under the assumption that reporting according to the sustainability-related disclosure standards will eventually become mandatory in Japan.