The ISSB work plan is moving from research into standard-setting decisions

Official status: the IFRS Foundation work plan, verified by SNN on 23 August 2026, shows several ISSB projects at materially different stages. Nature-related Disclosures has moved from research into standard-setting. In July 2026 the ISSB confirmed the due process steps for balloting an Exposure Draft and set a 120-day comment period, making the Exposure Draft the next milestone.\n\nHuman Capital remains a research project within the 2024-2026 work plan. Its purpose is to help the ISSB decide whether to pursue standard-setting for disclosures about a company workforce and workers in its value chain. The next milestone remains a decision on project direction.\n\nEnhancing the SASB Standards is further along a separate path. The ISSB is considering feedback on proposed comprehensive amendments to nine SASB Standards and targeted amendments to a further 41 Standards. A continued phase covering three additional SASB Standards and related IFRS S2 Industry-based Guidance closed for comment on 24 July 2026 and is moving into feedback analysis.\n\nSNN interpretation: the schedule shows the ISSB moving beyond baseline implementation support into a layered decision cycle. Nature is approaching public standard-setting, human capital remains at the research gate and industry-based content is moving through amendment and redeliberation. These projects should not be collapsed into a single claim that a new ISSB requirement has already been issued.\n\nMateriality: potentially major. Nature-related requirements could extend the global baseline beyond climate. Human capital could become a future standard-setting project. SASB amendments could affect industry-based topics and metrics used with IFRS S1 and IFRS S2. Each stream has a different authority status and implementation consequence.\n\nImplementation relevance: reporting entities should continue applying current IFRS S1, IFRS S2 and currently applicable SASB materials. No disclosure requirement should be changed solely because a project appears on the work plan. Preparers should monitor the Exposure Draft, board decisions, final amendments, publication dates, effective dates and transition guidance separately.\n\nSource boundary: project stages and next milestones come from the official IFRS Foundation work plan and linked project pages. The materiality assessment, implementation reading and evidence-infrastructure interpretation are SNN editorial analysis published as a controlled onsite record.