Germany’s DRSC seeks membership in IFRS Foundation’s SSAF

Germany’s national accounting standard setter, the Deutsches Rechnungslegungs Standards Committee (DRSC), has filed an application to join the IFRS Foundation’s Sustainability Standards Advisory Forum (SSAF).

In a statement, the DRSC said that it seeks membership for the term beginning in 2026.

The application comes as the focus around the IFRS Sustainability Disclosure Standards – IFRS S1 and IFRS S2 – moves from standard-setting to implementation and interpretation, including how global rules interact with national and regional reporting regimes.

In this context, the DRSC views the SSAF’s consultative function as particularly important and wants to support the IFRS Foundation through participation in the forum.

The SSAF brings together representatives from all world regions to feed global viewpoints into the advisory work of the IFRS Sustainability Standards Board (ISSB).

Europe currently has three seats on the SSAF, held by the European Financial Reporting Advisory Group (EFRAG), the Swiss State Secretariat for International Finance and the UK Financial Reporting Council.

Through SSAF membership, the DRSC aims to provide “practical, technically robust input” and to “constructively support the further development of the IFRS Sustainability Disclosure Standards”.

It also seeks to bring the perspective of the “largest European economy” into the global debate and contribute actively to discussions on the standards’ implementation.

The committee recently submitted a request to the Transition Implementation Group on the issue of anticipated financial effects, underlining its involvement in the practical rollout of the new sustainability standards.

Last month, the DRSC sent a comment letter to the Federal Ministry of Justice and Consumer Protection (BMJV) on the EFRAG’s final technical advice for the revision of the European Sustainability Reporting Standards (ESRS).

The letter followed a BMJV consultation request, with the ministry seeking input from the DRSC and other organisations ahead of further EU-level talks on the ESRS revision.

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