B4SI Members to help shape the Conceptual Foundations of the TISFD

As Alliance members of the Taskforce on Inequality and Social-related Financial Disclosures (TISFD), B4SI global members have been invited to take part in shaping the Taskforce’s emerging framework.

In June, B4SI members will join sessions to be introduced to the TISFD’s Proposed Technical Scope and help co-develop the ‘Conceptual Foundation’ for TISFD’s indicators and metrics—set to be released for public consultation in September 2025. 

B4SI members will be consulted during this foundational stage on:

• June 18th at 3 pm BST for EMEA/NA members (register here)
• June 19th at 9 am AEST for APAC members (register here).

The hour-long sessions will be delivered by the TISFD Secretariat and will include a plenary session for discussion.

During these sessions, the TISFD Secretariat will gather feedback from the business community that will help shape its disclosure recommendations to ensure they are decision-useful for corporate practitioners.

We encourage our members to invite any other internal stakeholders who may benefit from taking part in this unique opportunity, as we are not limited in terms of attendees from our member companies.

About the Conceptual Foundation

The foundation under development will guide the identification and assessment of indicators and metrics for social-related risks, impacts, dependencies, and opportunities. Recognising that people-related issues are multi-faceted and highly localised, TISFD is committed to ensuring the indicators are meaningful, decision-useful, and adaptable across regions and industries.

TISFD’s approach involves:

• Defining selection criteria based on:

  • Consequence for a range of reporting organisations

  • Significance of social-related risks and opportunities

  • Relevance to managing entity- and system-level impacts

• Recommending assessment metrics that consider:

  • Indicators of impact drivers and outcomes on people’s well-being

  • Predictive value of indicators, both qualitative and quantitative

  • Geographic and cultural specificities, and company size and capacity

This collaborative development process will ensure the framework is practical, globally relevant, and aligned with broader disclosure systems.

About the TISFD

Launched in September 2024, the Taskforce on Inequality and Social-related Financial Disclosures (TISFD) is a global, multi-stakeholder initiative designed to fill the gap in consistent reporting on social impacts. Building on frameworks like the TCFD and TNFD, the TISFD aims to help financial institutions and businesses manage risks and opportunities related to people, inequality, and social dependency—laying the foundation for fairer, more resilient economies.