Educational materials for reporting solely climate-related information under ISSB standards
Educational materials for reporting solely climate-related information under ISSB standards
The IFRS Foundation has published a guide that sets out how entities apply IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (IFRS S1) when they only report climate-related information.
The guide, titled ‘Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2 Climate-related Disclosures (IFRS S2)’ aims to help entities to understand how to report only climate-related information when applying the ISSB standards.
It is especially designed for entities that avail themselves of the temporary relief that allows the disclosure of information on only climate-related risks and opportunities (in accordance with IFRS S2) in the first annual reporting period of applying IFRS S1. These entities apply the requirements in IFRS S1 only insofar as they relate to the disclosure of information on climate-related risks and opportunities.
More information is in the press release and the guide.
The guide, titled ‘Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2 Climate-related Disclosures (IFRS S2)’ aims to help entities to understand how to report only climate-related information when applying the ISSB standards.
It is especially designed for entities that avail themselves of the temporary relief that allows the disclosure of information on only climate-related risks and opportunities (in accordance with IFRS S2) in the first annual reporting period of applying IFRS S1. These entities apply the requirements in IFRS S1 only insofar as they relate to the disclosure of information on climate-related risks and opportunities.
More information is in the press release and the guide.