Sustainability disclosure standards issued by the International Sustainability Standards Board (ISSB). Designed to provide investors with consistent, comparable and reliable information about how sustainability factors affect a company’s prospects and value. IFRS S1 sets out general requirements for companies to disclose material information about sustainability-related risks and opportunities in their general-purpose financial reports. It covers various environmental, social and governance (ESG) topics. IFRS S2 focuses specifically on climate-related disclosures, requiring companies to report on how they manage potential negative effects of climate change, including physical risks (eg extreme weather events) and transition risks (eg policy changes), as well as opportunities related to climate change.
