ISSB moves forward on nature-related metrics, targets and transition plans

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illuminem summarises for you the essential news of the day. Read the full piece on Responsible Investor or enjoy below:

🗞️ Driving the news: International Sustainability Standards Board has agreed the next steps for integrating nature-related disclosures into its reporting framework, including metrics, targets and transition plans

🔭 The context: The ISSB has tentatively approved a roadmap to develop new disclosure requirements covering biodiversity and broader nature risks
• The move will build on the board’s existing climate standards and is expected to align with frameworks such as the Taskforce on Nature-related Financial Disclosures

🌍 Why it matters for the planet: Nature loss, from biodiversity decline to ecosystem degradation, poses growing financial and systemic risks
• Integrating nature metrics into global reporting standards could push companies and investors to measure, disclose and manage impacts on ecosystems with the same rigor increasingly applied to climate

⏭️ What’s next: The ISSB will refine technical elements of the disclosure framework before publishing the exposure draft for consultation
• Stakeholders including investors, corporates and regulators will then be able to provide feedback before the standards are finalized

💬 One quote: The board said it has “tentatively agreed” on the next steps toward developing nature-related disclosures

📈 One stat: The proposed consultation draft is expected to be released at COP17 in October

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