In 2025, almost 60 applications were received, they illustrated a wide range of approaches to strengthening the role of enterprise reporting in supporting the SDGs. These included 41 national applications and 18 international applications.
The ISAR Honours recognizes policy, institutional or capacity-building initiatives that encourage and assist enterprises to publish data on their contribution to the implementation of the 2030 Agenda for Sustainable Development; facilitate improvements in companies’ reporting on sustainability issues, including by promoting the integration of sustainability information, such as environmental, social and governance (ESG) issues, into companies’ reporting cycle.
Results
At the 42nd session of ISAR in November 2025 in the Palais des Nations (Geneva, Switzerland), UNCTAD presented the results of the ISAR Honours 2025.
Honourees
National category
Financial Reporting Council Nigeria
For the initiative: "Driving sustainability reporting in Africa and Nigeria's pioneering ISSB standards adoption and implementation through the leadership of the financial reporting council of Nigeria".
The Bangladesh Bank
For: The issuance of policy guidelines concerning “Sustainability and Climate Related Financial Disclosure for Banks and Finance Companies” in alignment with ISSB standards (IFRS S1 & S2) and TCFD recommendations.
The Saudi Organisation for Chartered and Professional Accountants
For: becoming the official translator of the international sustainability standards into Arabic.
International category
The IFRS Foundation
For: its Roadmap Development Tool for the adoption of other use of ISSB Standards.
The European Financial Reporting Advisory Group
For the initiative: Towards a sustainability reporting ecosystem: onboarding SMEs.
We Mean Business Coalition
For the initiative: CSRD Early adopters.
Special nomination
For developing digital solutions supporting high technical quality sustainability reporting
The Superintendency of Companies
For its initiative: Colombia's first nationwide technical sustainability report using the XBRL.