The Bank of Ghana has issued a document containing Frequently Asked Questions (FAQs) concerning the International Sustainability Standards Board (ISSB) standards IFRS S1 (General Sustainability Disclosures) and IFRS S2 (Climate-related Disclosures). The document, available for download, provides clarifications intended to assist entities in understanding and implementing these new sustainability reporting requirements, which are designed to standardize disclosures for investors.

While this document is informational and does not impose new direct obligations, regulated entities, particularly public companies, should review the FAQs to ensure their understanding of the ISSB standards aligns with the Bank of Ghana's interpretation. Compliance officers should assess whether their current sustainability reporting practices, or planned implementations, are consistent with the guidance provided in the FAQs, especially concerning climate-related and general sustainability disclosures.