Exposure Drafts Proposing Amendments to the SASB Standards and Consequential Amendments to the Industry-based Guidance on Implementing IFRS S2

The International Sustainability Standards Board (ISSB) has published two Exposure Drafts;

(a) proposing amendments to the SASB standards - Exposure Draft SASB/ED/2025/1 Proposed Amendments to the SASB Standards (SASB ED); and

(b) consequential amendments arising from the SASB ED - Exposure Draft ISSB/ED/2025/2 Proposed Amendments to the Industry-based Guidance on Implementing IFRS S2.

The proposed amendments:

• present a comprehensive review of nine (9) industries that were prioritised (all eight (8) industries in the Extractives & Minerals Processing sector and the Processed Foods industry);

• align some metrics across 41 industries for topics such as Water Management and Workforce Health & Safety; and

• propose updates to Industry-based Guidance on Implementing IFRS S2 (affecting the nine prioritised industries and 37 of the 41 industries) to maintain alignment with climate-related content in the SASB Standards.

These proposals are intended to enhance the SASB Standards’ clarity, conciseness and cost-effectiveness for preparers. 

The ISSB included these enhancements in its 2024–2026 work plan to provide timely support to companies applying IFRS Sustainability Disclosure Standards and to enhance the decision-usefulness of information provided to investors.

The ISSB intends to finalise the enhancements after having analysed stakeholder feedback on the Exposure Drafts. The ISSB aims to issue the enhancements in 2026, subject to stakeholder feedback.

You may download the Exposure Drafts via the following links:

• Exposure Draft SASB/ED/2025/1 Proposed Amendments to the SASB Standards 

• Exposure Draft ISSB/ED/2025/2 Proposed Amendments to the Industry-based Guidance on Implementing IFRS S2 

Invitation to comment

Please send us your comments via email at technical@masb.org.my by the closing deadline of 30 October 2025.