ESG Rulemaker to Research Biodiversity and Workforce Disclosures

A global rulemaker decided Tuesday to research just two of four proposed topics for new standard setting—biodiversity and workforce skills—as it concentrates on helping companies use existing reporting rules.

All 14 International Sustainability Standards Board members voted in favor of researching a new standard on biodiversity, ecosystems and ecosystem services reporting. Thirteen supported looking into the knowledge and experience of a company’s staff, known as human capital.

The board decided not to look into another two possible topics listed as priorities in a May 2023 consultation document: human rights and integrating sustainability and financial reporting. The votes came as the ...