As the new ISSB standards IFRS S1 and IFRS S2 come into effect, the International Sustainability Standards Board (ISSB) has published new and updated resources to help companies apply the standards.
The IFRS Foundation has published new educational material to help organisations consider ‘nature and social aspects’ of climate-related risks and opportunities when applying IFRS S2.
The material sets out three examples that help illustrate how companies might approach these aspects of their climate-related disclosures. The material has been developed to help companies apply the ISSB Standards; it does not affect any of the requirements within the Standards.
The publication follows the launch of the IFRS Sustainability knowledge hub at COP28, a core component of the IFRS Foundation’s focus on capacity building initiatives.
