ISSB launches standard-setting on nature-related risks and opportunities

The International Sustainability Standards Board (ISSB) has reaffirmed its decision—already announced in a press release on 7 November 2025—to advance its work on nature-related risks and opportunities. The aim is to better address investors’ information needs and to more firmly embed nature-related aspects in global sustainability reporting. The framework of the Taskforce on Nature-related Financial Disclosures (TNFD) will serve as the foundation for the further work.

The ISSB plans to present a draft of nature-related disclosure requirements by COP 17 of the Convention on Biological Diversity in October 2026.

At its meeting on 10 December, the ISSB adopted the following decisions:

• Transition of the BEES research project into a standard-setting project;
• Publication of an Exposure Draft as the next step, without a preceding Discussion Paper;
• Use of existing advisory and consultation bodies, meaning that no new advisory committee will be established.

With these decisions, the ISSB sends a clear signal about the importance of nature-related risks and opportunities in corporate reporting and strengthens the international harmonization of sustainability standards.