Jurisdictional consultations on adoption of ISSB Standards

IFRS SDS are as follows: 

• Rwanda – The Institute of Certified Public Accountants of Rwanda (ICPAR) recently published its consultation on IFRS Sustainability Disclosure Standards Rwandan [Draft] Adoption Roadmap. The roadmap sets out a phased, four-year implementation plan, for adoption of the ISSB Standards, with the first companies reporting in 2028; 
• Japan – The Sustainability Standards Board of Japan (SSBJ) approved the SSBJ Standards, which are aligned with IFRS S1 and S2. The Standards will be made available in Japanese language only, in early March 2025; 
• Canada – The Office of the Superintendent of Financial Institutions (OSFI) has postponed the requirement for federally regulated financial institutions to disclose Scope 3 emissions by three years. Disclosures will now be required from 2028 to align with adoption of Canadian Sustainability Disclosure Standards; 
• Mexico – The National Banking and Securities Commission issued a resolution mandating issues to report sustainability information using IFRS S1 and S2, with reporting commencing for the 2025 financial year. No assurance is required in the first period, with limited assurance from the second and reasonable assurance from the third period; 
• Jordan – The Amman Stock Exchange has issued a Climate-Related Disclosures Regulatory Framework, requiring mandatory reporting from 1 January 2027 for listed entities in line with the “Climate Related Disclosure Guidance”.  Early voluntary adoption is encouraged. Climaterelated disclosures are required in accordance with IFRS S2 and the “climate-relevant portions of IFRS S1”.