ISSB consultation on proposed amendments to three SASB Standards
The International Sustainability Standards Board (ISSB) is consulting on proposed amendments to three Sustainability Accounting Standards Board (SASB) Standards that may be relevant to some New Zealand entities: Agricultural Products, Meat, Poultry & Dairy, and Electric Utilities & Power Generators.
The Exposure Draft was released on 27 March 2026, with comments due to the ISSB by 24 July 2026.
While SASB Standards are not mandatory under New Zealand climate related disclosure standards, they underpin the industry based metrics used in ISSB standards, and are already applied by some New Zealand entities. For trade exposed New Zealand entities, these proposals may influence future global sustainability reporting expectations in your supply chains.
The XRB intends to submit to the ISSB and is engaging with government agencies and affected stakeholders to understand New Zealand perspectives. Entities are encouraged to review the Exposure Draft and consider submitting directly. If you would like your views to be included in the XRB submission, please email us at sustainability@xrb.govt.nz by 27 May 2026.
Read more on the XRB website.
