DRSC applies for membership in the SSAF

The German Standard Setter DRSC (Deutsches Rechnungslegungs Standards Committee) has submitted its application for membership in the Sustainability Standards Advisory Forum (SSAF) of the IFRS Foundation for the term beginning in 2026.

Following the successful development of the IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2), the focus is increasingly shifting towards implementation, interpretation, and the interaction between global standards and jurisdictional reporting requirements. In this context, the DRSC considers the advisory role of the SSAF particularly relevant and aims to actively support the IFRS Foundation.

The SSAF is composed of representatives from all regions of the world to bring global perspectives into the advisory work of the IFRS Sustainability Standards Board (ISSB). Europe has three seats, which are currently represented by the European Financial Reporting Advisory Group (EFRAG), the Swiss State Secretariat for International Finance (SIF), and the UK Financial Reporting Council (FRC).

Through membership in the SSAF, the DRSC intends to provide practical, technically robust input and to constructively support the further development of the IFRS Sustainability Disclosure Standards, while actively contributing perspectives from the largest European economy to the global discussion. The DRSC has i.a. recently submitted a request to the Transition Implementation Group (TIG) on the issue of anticipated financial effects.