Japan's inaugural Sustainability Disclosure Standards

Japan’s Sustainability Standards Board (SSBJ) issued its inaugural sustainability disclosure standards on March 5, 2025. The SSBJ was established in July 2022 to develop sustainability disclosure standards for Japan, aligning with the International Sustainability Standards Board (ISSB). The standards include the Universal Sustainability Disclosure Standard, General Disclosures, and Climate-related Disclosures. The SSBJ aims to align with ISSB’s IFRS Sustainability Disclosure Standards while incorporating jurisdiction-specific alternatives. The standards are expected to be applied by entities listed on the Prime Market of the Tokyo Stock Exchange.