Release of IFRS S1 and IFRS S2
Blog post description.
CLIMATE DISCLOSURE
Strong expectation that release month is June 2023 for the International Sustainability Standards Board’s (ISSB’s) proposed IFRS Sustainability Disclosure Standards (IFRS S1 - The General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 -Climate-related Disclosures)
Do You Know:
How the new (soon to be required) Sustainability-Related Reporting and Disclosure Standards based on the framework of the TCFD and GHG protocol will affect:
The ability your organization to:
Bid for projects
Attract investors
Qualify for loans and debt
The value of their companies and businesses (should they look to sell).
What the required disclosures are
what to measure and track,
how to report and disclose
how to assess climate-related risks and opportunities
options/strategies for actions.
The type of support available to support:
companies and businesses with measuring, tracking, reporting, and disclosing
identify, assess, and manage climate-related risks and opportunities
prepare bids and respond to RFP requiring climate-related disclosures reports.