Capital markets are giving more attention than ever to sustainability information vis-a-vis value creation of the entity. Responding to such needs, tremendous efforts have been made towards developing sustainability disclosure standards by various standard setters and jurisdictions around the world.
In this context, G7 and G20 leaders have continuously expressed their support of the work by International Sustainability Standards Board (ISSB) to set a global baseline of sustainability disclosure. The ISSB plans to finalize its first set of standards―General Requirements for Disclosures and Climate-related Disclosures― in the first half of 2023, and it also plans to issue a request for information in the first half of 2023 to gather stakeholder views on the ISSB’s next agenda priorities for its two-year work plan.
On Friday, March 3, the Financial Services Agency (FSA) hosted "International Conference on Sustainability Disclosure" at Otemachi Financial City Conference Center. This conference brought together companies, investors, market participants, stock exchanges, audit firms, standard-setters, regulators and policy makers to exchange views on jurisdictional approaches and the progress towards a global baseline thus far as well as next priority topics beyond climate. Approximately 1,000 people attended the event, including both on-site and online participants.
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