![News](https://integratedreportingsa.org/ircsa/wp-content/uploads/2021/11/News.png)
The International Sustainability Standards Board (ISSB) has been formally announced. The ISSB will be formed by the consolidation of the Value Reporting Foundation (VRF – the merged IIRC and SASB) and the CDSB into the IFRS Foundation. Click here for the media release and FAQs. The VRF will consolidate into the IFRS Foundation on 1 August 2022.