UKEB and Other National Standard-Setters Publish a Joint Letter to the ISSB in Response to its Agenda Consultation

Date: 11 October 2023

The UKEB, the Australian Accounting Standards Board (AASB), Canadian Accounting Standards Board (AcSB), Malaysian Accounting Standards Board (MASB), and the New Zealand External Reporting Board (XRB), published a joint letter to the International Sustainability Standards Board (ISSB) highlighting their common concerns regarding its recent Agenda Consultation. The National Standard-setters (NSS) noted three key areas of concern for the ISSB to consider:

  • Connectivity with accounting standards – all considered that close alignment and connectivity between financial and sustainability reporting is paramount to ensure that the information produced for investors is compatible and comparable.
  • Strategic roadmap – communicating the ISSB’s long-term objectives and clarifying how these relate to the IASB’s roadmap was a critical next step.
  • Implementation priority – the highest priority of the ISSB should be the successful implementation of the inaugural standards.

For further information: