The document outlines the IPSASB's plan to develop public sector sustainability reporting standards over the next year. It will take a multi-stakeholder approach, leveraging international standards from the ISSB and GRI. The IPSASB will focus first on climate reporting given its urgency. It will decide whether to proceed with standard setting in June 2023 after further research and discussions with other standard setters.

1. Ian Carruthers, IPSASB Chair
April 2023
PUBLIC SECTOR
SUSTAINABILITY
REPORTING

2. 2
Advancing Public Sector Sustainability Reporting
H1 2023
Research
and scoping
Dec 2022
IPSASB
confirms role
and scoping
3 potential
projects
Sept 2022
CP response
analysis
May 2022
IPSASB
Consultation
Paper
Jan 2022
World Bank
Report
2

3. 3
• Multi-stakeholder model to
address public sector needs
• Leverage international
standards – ISSB and GRI
• Links to statistical reporting
• Global baseline for
financially material
sustainability disclosures
• Basis for guidance to meet
public sector reporting needs
• Helps address multi-
stakeholder approach
• Consider public sector needs
balanced with materiality and
cost-benefit constraints
• Provides a basis for
identifying key public sector
concepts
• Connectivity with financial
reporting
ISSB
GRI
Consultation
Paper &
Feedback
IPSASB
Conceptual
Framework
Public Sector Sustainability Scoping Framework

4. 4
Next Steps
4
Ongoing discussions with ISSB and GRI
IPSASB decision to proceed – June 2023
Climate first – urgency and topic focus
Securing funding and setting up standard setting arrangements
4

5. International Public Sector Accounting Standards Board
277 Wellington Street West
Toronto, ON M5V 3H2
Canada
T +1 647 826 3171
www.ipsasb.org
@International Public Sector
Accounting Standards Board (IPSASB)
@IPSASB_News @IPSASB