IFRS Sustainability Disclosure Standards: A Game-Changer for Corporate Reporting
IFRS Sustainability Disclosure Standards: A Game-Changer for Corporate Reporting
Sustainability reporting is no longer optional—it’s a strategic necessity. The IFRS Sustainability Disclosure Standards (IFRS S1 & S2), issued by the International Sustainability Standards Board (ISSB), set a new benchmark for transparency in sustainability-related financial reporting.
To gain a concise overview of IFRS S1 & S2, download Sustainability At A Glance, a summary of key disclosure requirements and best practices.
Why Do These Standards Matter?
- IFRS S1 establishes a global framework for sustainability-related financial disclosures.
- IFRS S2 focuses on climate-related disclosures, ensuring businesses communicate risks, opportunities, and their impact on financial performance.
- Enhanced governance, strategy, and risk management disclosures empower investors and stakeholders with reliable, decision-useful information.
How Can Organizations Prepare?
Businesses should integrate these standards into their reporting frameworks, aligning their disclosures with sustainability risks and opportunities. This shift not only strengthens compliance but also builds trust with stakeholders.To gain a concise overview of IFRS S1 & S2, download Sustainability At A Glance, a summary of key disclosure requirements and best practices.