The IFRS Foundation’s International Sustainability Standards Board ( ISSB ) has published exposure drafts of its newly amended sector-focused Sustainability Accounting Standards Board ( SASB ) sustainability reporting standards.

The London-headquartered foundation, the ISSB’s parent body, is the key standard setter for the global accounting sector.

The documents are available to download and comment on via the Open for comment section and from the project pages – Enhancing the SASB Standards and the new Amendments to the IFRS S2 Industry-based Guidance project page.

The SASB standards, which cover 77 industries, providing industry-specific disclosure guidance on sustainability-related risks and opportunities. The drafts include a comprehensive review of several industries identified as priorities, among them:

• oil and gas
• metals and mining
• construction materials
• coal operations.

The ISSB last year announced its plan to enhance the SASB standards. The SASB’s mission is to establish industry-specific environmental, social and governance ( ESG ) disclosure standards for companies, designed to enable investors to assess the materiality of reported sustainability information, and to compare companies on these metrics on a global basis.

The SASB was consolidated into the IFRS Foundation’s ISSB in 2022. The SASB standards also form a source of industry-based guidance for the ISSB’s sustainability and climate reporting standards IFRS S1 and S2, with companies required to “refer to and consider the applicability of” the SASB standards when applying ISSB standards.

The new proposals, according to the ISSB, offer the first opportunity for IFRS Foundation stakeholders to provide comprehensive input on the SASB standards. The exposure drafts are open for comment until November 30.

In addition to engagement with investors, preparers and subject matter experts, the ISSB notes, the development of the proposed enhanced SASB standards also included frequent engagements with the Global Reporting Initiative, the European Financial Reporting Advisory Group and the Taskforce on Nature-related Financial Disclosures.

The ISSB intends, it shares, to finalize the proposed enhancements in 2026.