IFRS Sustainability Disclosure Standards

IFRS S1 and IFRS S2 are sustainability reporting standards, issued by the International Sustainability Standards Board (ISSB).

The main objective of these standards is to enhance trust and confidence in company disclosures about sustainability, by providing a global baseline for sustainability-related reporting.

IFRS S1 sets the foundation for sustainability reporting, requiring companies to disclose material sustainability-related risks and opportunities, as well as other general reporting requirements.

IFRS S2 focuses specifically on climate-related matters, providing guidance on disclosing information related to climate risks and opportunities, including physical risks, transition risks, and opportunities.