ISSB Framework Sustainability Disclosures Adoption Pathways for Pan African Federation of Accountants (PAFA) Country Jurisdictional Integrated Roadmap Requirements

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

🔬研究者:Highlights the need for more empirical studies on ISSB adoption in developing economies and the flexibility of adoption pathways.

🏢実務担当者:Shows that companies in PAFA regions have multiple compliance paths, which can be replicated in other jurisdictions to reduce burden.

🏛政策担当者:Demonstrates that full ISSB adoption is not the only option; tailored roadmaps can be effective, offering lessons for regulators worldwide.

IFRS Foundation’s jurisdictional roadmap development tool mandates country jurisdictions to adopt credible sustainability disclosure roadmaps either on a full / partial adoption or based on their country specific jurisdictional sustainability disclosure requirements, and jurisdictional functional outcomes aligned with ISSB framework. A solid foundation premised on Environmental, Social and Governance (ESG), and climate strategy goals alignment on global reporting standards is key for credible sustainability roadmaps. The European Union (EU) in attainment of public policy enhancement disclosures aligned with the Green deal initiative and EU Taxonomy, launched the Corporate Sustainability Reporting Directive (CSRD) and adopted the double materiality based European Sustainability Reporting Standards (ESRS) which are interoperable with the ISSB framework on investor focused financial materiality. The African Association of Accountants Generals resolved on the adoption of IPSAS aligned international sustainability reporting standards that discloses metrics on climate finance budgeting and risks that discloses long term climate liabilities, for more inclusive risk management and public value accountability. An empirical study was adopted focussed on the Pan African Federation Accountants (PAFA) across all the African jurisdictions. The International Sustainability Standards Board (ISSB) framework currently with two sustainability standards (IFRS S1 and IFRS S2), is relatively fast gathering momentum as the most preferred capital providers and investors focussed international sustainability standards baseline. The findings revealed that although PAFA may have unreservedly adopted the full ISSB framework, PAFA members on their own still have the prerogative to adopt one of the five ISSB approved adoption jurisdictional toolkit, and still be compliant. The findings further demonstrated that the ISSB sustainability disclosure integrated roadmaps implementation may be implemented through five (5) main approved pathways. Country jurisdictions should adopt one of these five (5) ISSB sustainability adoption toolkit adoption roadmaps adoptions and not necessarily only consider the full ISSB framework sustainability adoption option.

• semanticscholar https://doi.org/10.47772/ijriss.2026.10100427first seen 2026-05-05 21:43:00