influences
CLIMATE
REGULATIONS TO
BE AWARE OF:
SEC Climate
Disclosure Rules
California Climate
Disclosure Rules
European Union
Corporate
Sustainability
Reporting Directive
Building
Performance
Standards
ESG REPORTING STANDARDS CONSOLIDATION
curated and
designed by:
consolidated
complements &
collaborates
influences & now fully
incorporated into
ISSB
2023: IFRS S1 and S2
are published
2021: ISSB is created by
building off the above market
leading frameworks and
standards to establish one
unified set of IFRS standards
*Aligning with
There are still
standards and
metrics relevant
to CDP reporting
only (ie. water,
forests).
2007: CDP establishes CDSB
at World Economic Forum
Focuses only on
methodologies for
accounting &
reporting of emissions.
The organization
remains distinct from
new standards, but is
referenced.
provides
guidance
consolidated
2021: SASB & IR
merge to form
the Value
Reporting
Foundation
SASB industry specific
standards still widely
referenced to inform new
standards/ regulations.
IFRS 1: General Requirements
for Disclosure of Sustainability
Related Financial Information
(builds on work by SASB)
IFRS 2: Climate- related
Disclosures (builds on TCFD)
provides
guidance
Was once the main
framework for companies
to assess and disclose
climate-related financial
risks, and is now primary
influence for many
regulations (ISSB, SEC,
California SB 253 & 261, and
EU regulations).
