SSBJ and ISSB Confirm Alignment between SSBJ Standards and ISSB Standards

March 31, 2025
Sustainability Standards Board of Japan

The Sustainability Standards Board of Japan (SSBJ) is pleased to announce today the publication of the “Schedule of Differences between ISSB Standards and SSBJ Standards.” The contents of this document have been confirmed by the Financial Accounting Standards Foundation (FASF), the mother organization of the SSBJ, and the IFRS® Foundation, the mother organization of the International Sustainability Standards Board (ISSB).
 
SSBJ Standards were issued on March 5, 2025. In developing SSBJ Standards, the SSBJ decided, as its basic policy, to align its sustainability disclosure standards with IFRS Sustainability Disclosure Standards (ISSB Standards). The “Schedule of Differences between ISSB Standards and SSBJ Standards” allows readers of this document to understand the degree of alignment between SSBJ Standards and ISSB Standards.
 
The SSBJ also published today the “Table of Concordance between ISSB Standards and SSBJ Standards.” This document illustrates whether and if so where each paragraph in ISSB Standards is incorporated in SSBJ Standards.
 
Yasunobu Kawanishi, Chair of the SSBJ stated:

“It is with great pleasure that we have agreed on the contents of the ‘Schedule of Differences,’ and we are grateful for the ISSB’s support in reaching this milestone. Constituents have asked for this information and can now use this document to understand the degree of alignment between SSBJ Standards and ISSB Standards. Our goal is to achieve comparability of information resulting from applying the standards, and we are committed to monitoring how disclosure practices develop within and outside of Japan in the coming years.”

Sue Lloyd, Vice-Chair of the ISSB stated:

“The ISSB commends the SSBJ for pursuing its policy to design SSBJ Standards to be aligned with ISSB Standards and on the extent of alignment achieved. The release of SSBJ Standards designed to provide outcomes functionally aligned with ISSB Standards represents a significant milestone in promoting global comparability of sustainability-related disclosures for capital markets. We applaud this important development and look forward to continuing our engagement with the SSBJ, Japanese stakeholders and the Japanese regulatory authorities as they determine the application of SSBJ Standards.”
 
SSBJ Standards are available in the Japanese language only. Nevertheless, for the convenience of English speakers, the “Schedule of Differences between ISSB Standards and SSBJ Standards” and “Table of Concordance between ISSB Standards and SSBJ Standards” are published in the English language as well.
 
Schedule of Differences between ISSB Standards and SSBJ Standards
Table of Concordance between ISSB Standards and SSBJ Standards

（News Release）
SSBJ and ISSB Confirm Alignment between SSBJ Standards and ISSB Standards