ESRS–ISSB Standards: Interoperability Guidance

This guide was created by the European Commission, the European Financial Reporting Advisory Group (EFRAG), and the International Financial Reporting Standards Foundation (IFRS) to help you better understand how to comply with both the European Sustainability Reporting Standards (ESRS) and the IFRS Sustainability Disclosure Standards (ISSB Standards). It examines and explains the general alignment and interoperability between these reporting requirements, and outlines the high level of interoperability on climate-related disclosures. It also clarifies differences that must be addressed to ensure compliance between them. This guidance will be most useful to sustainability and compliance teams whose organisations must report under both sets of standards.