ASIFMA Asset Management Group (“AAMG”) represents some of the largest global asset managers operating in Asia. We have supported the formation of the International Sustainability Standards Board (“ISSB”) since the International Financial Reporting Standards (“IFRS”) Foundation’s consultation on the topic in December 2020. We welcome and support the efforts of regulators, listing exchanges and standard setters across Asia in implementing the IFRS Sustainability Disclosure Standards (“ISSB Standards” or “IFRS S1 and IFRS S2”) in their respective jurisdictions. As jurisdictions adopt or begin to consider adoption of the ISSB Standards within the region, we would like to share our position on the nuances that adoption entails and hope that it will be of use for stakeholders in understanding the views and expectations of global investors.

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