One Climate Process, Two Reporting Regimes

Transcription

Can ISSB and ESRS climate reporting come from one integrated process? The sources say yes, realistically, for most of the overlap. The interoperability guidance is designed to reduce complexity, fragmentation, and duplication, and it shows that substantially all ISSB climate disclosures are also included in ESRS. But the fit is not perfect. ESRS uses double materiality, while ISSB focuses on investor decision-useful information, so ESRS can require extra climate disclosures beyond the ISSB baseline. For teams, that means one shared core for data collection, governance, controls, metrics, targets, and risk management, with ESRS-specific branches where the broader scope goes further. In short, one shared framework is practical, but it should be built for divergence, not for identical output.