ISSB - IFRS Standards Services
Introduction
The International Sustainability Standards Board (ISSB) has introduced IFRS S1 and IFRS S2, its first standards for sustainability and climate-related disclosures in capital markets. IFRS S1 provides general rules for sustainability disclosures, and IFRS S2 focuses on climate-related disclosures. Bureau Veritas supports companies implement ISSB standards efficiently, ensuring robust, transparent, and globally recognized disclosures. With our comprehensive services, companies can confidently navigate the complexities of sustainability and climate risk disclosures, ensuring compliance with the ISSB Standards and enhancing their overall sustainability performance.
Challenges
Companies today need to meet growing demands for sustainability and climate risk disclosures. They must ensure these disclosures are useful for decision-making, comparable worldwide, and ready for audits, without overburdening teams or systems. Using ISSB Standards—IFRS S1 and IFRS S2 helps companies tackle these challenges effectively. These standards provide a single, efficient framework that meets both global and local requirements, preventing the need for multiple reports. By adopting these standards, companies can attract investment, support investors in making informed decisions, and improve the international comparability of their disclosures.
Client Story
Bureau Veritas partnered with a leading investment group to conduct a comprehensive materiality assessment and perform an IFRS S1 & S2 gap analysis. Utilizing advanced risk mapping and bespoke analysis tools, BV identified critical sustainability topics and enhanced the client's reporting readiness. This collaboration helped the investment group align with evolving global disclosure standards, with a specific focus on ISSB standards, ensuring robust and credible sustainability reporting.
WHY BUREAU VERITAS
Bureau Veritas stands as a global leader in testing, inspection, and certification services with unparalleled expertise in ESG assurance and sustainability reporting. Our worldwide network of specialized auditors and advisors—qualified through rigorous internal processes—bring deep industry-specific knowledge to ISSB implementation across all sectors. Our integrated approach to non-financial assurance uniquely positions us to help clients navigate the complexities of ISSB standards while enhancing the value and reliability of their sustainability disclosures in global markets. By partnering with Bureau Veritas, organizations demonstrate their commitment to transparent, credible reporting that builds stakeholder trust and meets evolving regulatory expectations.
OUR REACH
ISSB standards are applicable globally, whether voluntary or mandatory, and serve as the foundation for emerging national requirements, offering sector-specific guidance through the SASB framework.
OUR SERVICES
- Training: Our training programs equip your staff with the knowledge and skills needed to effectively implement and manage sustainability and climate risk disclosures. Through our training program, we enhance your internal capacity with practical, tailored sessions designed for your teams, sectors, and regulatory context.
- Advisory: Our advisory services ensure that your disclosures are accurate, comprehensive, and aligned with global best practices. Our experts help identify gaps in your current disclosures, structure your reports to meet the requirements of IFRS S1 and IFRS S2, and guide your integration with financial reporting.
- Assurance: Our assurance services are aligned with recognized International Assurance Standards, giving stakeholders confidence in the reliability and integrity of your reported information. Our experts provide independent pre-assurance or limited assurance on your sustainability and climate risk disclosures.