SASB Revision: Phase 1b Consultation

On 26 March 2026, the International Sustainability Standards Board (ISSB) issued the Exposure Draft Proposed amendments to the SASB Standards and IFRS S2 Industry-based Guidance for public consultation.

The revision of the SASB Standards is part of the ISSB’s 2024–2026 work plan and is intended to support entities in applying IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. To this end, in phase 1, the ISSB initially prioritised the enhancement of 12 SASB Standards. Nine industry standards have already been subject to public consultation in July 2025 as part of phase 1a. The Exposure Draft for phase 1b now published proposes changes to the following three industry standards:

• Electric Utilities & Power Generators;
• Agricultural Products; and
• Meat, Poultry & Dairy.

The comment period for the Exposure Draft is open for 120 days and ends on 24 July 2026. Further information and the published documents can be found on the ISSB’s project page.

The DRSC will submit a comment letter on the Exposure Draft. We welcome comments from stakeholders. Please submit any comments to kutter@drsc.de. Our comment letter on phase 1a of the SASB revision is available here.