ISSB takes its time

Multiple-choice questions. In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again.

What is the ISSB?

International Sustainability Standards Board

International Sustainability Steering Body

International Standards for Sustainability in Business

International Standard Setting Board

How many standards have already been developed by the ISSB?

Which, if any, of the following statements are true? Statement 1, The priority for the ISSB is to support implementation of IFRS S1 and S2, or Statement 2, The ISSB is looking to enhance the SASB standards

Both statements

Neither statement

Statement 1 only

Statement 2 only

What is IFRS S2?

Greenhouse gas emissions

None of the above

General requirements

Climate

What does ESRS stand for?

European Sustainability Regulatory Society

European Sustainability Reporting Standards

Ethical Sustainability Research Symposium

Environmental Sustainable Research Standards

What are the SASB standards?

Another set of global standards that IFRS Sustainability Standards will have to link to

Standards providing more industry-specific guidance

South American Sustainability standards

None of the above

Which of these is a new research project identified by the ISSB?

Biodiversity

Education

Inequality

Clean energy

Which of these statements is true? Statement 1, The ISSB has not yet decided on the topics for IFRS S3 and S4, or Statement 2, Human capital has been added as a new research project

Neither statement is correct

Statement 2 only is correct

Statement 1 only is correct

Both statements are correct

Which of these has the ISSB released?

All of the other answers

IFRS S1 and S2

Jurisdictional application guidance

Interoperability navigation document with the ESRS

Which, if any, of the following statements is correct? Statement 1, IFRS S1 is an underpinning standard, rather than containing specific disclosures, or Statement 2, Implementation of IFRS S1 and S2 became applicable in 2023