The International Sustainability Standards Board (ISSB) created the International Financial Reporting Standards (IFRS) Sustainability Disclosure Taxonomy to reflect disclosure requirements arising from IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, both issued in June 2023.

These IFRS Sustainability Disclosure Standards establish a comprehensive global baseline for sustainability-related financial disclosures intended to meet the information needs of users of general-purpose financial reports.

The IFRS Sustainability Disclosure Taxonomy includes elements for tagging sustainability-related financial information prepared in accordance with IFRS Sustainability Disclosure Standards. These elements enable an entity to tag information about its sustainability-related risks and opportunities in its general-purpose financial reports.