Local adoption of IFRS S1 / S2 (ISSB Standards)
Korea's KSSB published exposure drafts of three Korean Sustainability Disclosure Standards (KSSB 1, KSSB 2 and the non-mandatory KSSB 101) with consultation closing 31 August 2024; the Financial Services Commission is considering disclosure requirements for listed entities, indicating adoption from after 2026.
- Enforcement
- Voluntary or under development
- Effective date
- Not yet specified
- Covered entities
- To be determined. FSC will consider application of KSDS by listed entities once final standards are issued