Booost and IFRS Foundation Exchange Views on Sustainability Disclosures and Reporting Technology

Enhancing Sustainability through Technology: Insights from Booost and IFRS Foundation

In a significant exchange of insights, Booost Inc. (Tokyo, Japan), recognized for its innovative integrated SX platform, "Sustainability ERP", engaged with key representatives from the IFRS Foundation to discuss the crucial role of technology in enhancing sustainability disclosures and integrated reporting. The meeting included Jonathan Labrey, Chief Officer for Connectivity and Integrated Reporting; Caroline Bridges, Technical Director; and Norie Takahashi, an Integrated Reporting Fellow. This exchange underscores Booost's commitment to driving sustainability transformation (SX) in the corporate sector.

On March 5, 2025, Japan announced the sustainability disclosure standards (SSBJ standards) equivalent to the international standards developed by the International Sustainability Standards Board (ISSB), namely IFRS S1 and S2. This public release represents a significant push towards aligning corporate disclosure practices globally, ensuring businesses can generate long-term value and navigate the landscape of sustainability transparency.

The discussions held in early April during an international conference in Japan focused on various aspects of reporting and disclosure practices. A prominent topic was the potential of technology to streamline reporting processes, enhancing efficiency and accuracy in sustainability data management. Booost showcased its platform "booost Sustainability", which simplifies the collection and aggregation of sustainability-related information aligned with various global standards, ensuring organizations can manage over 1,200 data points covering environmental, social, and governance (ESG) metrics.

As a pioneer in sustainability management solutions, Booost obtained the IFRS Sustainability License in 2024, enabling it to embed international sustainability disclosure standards into its offerings. This milestone established Booost as the first provider in Japan to implement the IFRS S1, S2, and SASB standards within its consulting services and the Sustainability ERP solution. The license enables Booost to provide clients with comprehensive support in aligning their disclosure practices with international benchmarks, effectively communicating sustainability initiatives to investors and other stakeholders.

Looking forward, Booost's ongoing dialogue with standard-setting institutions like the IFRS Foundation aims to further refine and enhance its Sustainability ERP platform. The company aspires to act as a technology partner for leading Japanese firms committed to sustainability and to contribute actively to the evolving landscape of integrated reporting.

The pressing issue of "Sustainability 2026" highlights the urgency for many businesses to comply with new disclosure mandates. Many companies are still catching up on early compliance measures, and this lag may pose risks to their corporate value and investor appeal. In response, Booost has launched the "Japan as an SX Pioneer" project, which aims to assist businesses in overcoming challenges associated with sustainability reporting and improving their global competitiveness by fostering best practices and advanced technologies.

The "booost Sustainability" platform represents a state-of-the-art integrated SX solution designed for businesses and their supply chains to effectively manage sustainability information. By implementing automated processes for real-time monitoring and robust data governance, the platform equips users with the tools necessary for efficient compliance and disclosure.

Booost's commitment to enhancing corporate sustainability does not stop at merely providing tools; it encompasses a full spectrum of consulting services that empower organizations to transform their sustainability practices, aligning them with long-term growth and societal needs. The ongoing collaboration with industry leaders and regulatory bodies ensures that Booost remains at the forefront of sustainability innovations, driving significant changes in how sustainability is perceived and integrated into business operations across Japan and beyond.

In conclusion, Booost Inc.'s conversation with the IFRS Foundation represents not only a step towards enhancing sustainability disclosures but also a commitment to advancing the technology that underpins these efforts. As the sustainability landscape continues to grow in importance, Booost is poised to be a key player in this transformation, providing clients with essential resources to navigate the journey towards sustainability excellence.