Are you ready for the new sustainability disclosure standards? In this video, I will explain what IFRS S1 and IFRS S2 are, why they are important, and how they will affect your business.
IFRS S1 and IFRS S2 are the first global standards for sustainability-related financial information. They aim to provide investors and other stakeholders with consistent and comparable information about the sustainability-related risks and opportunities that could affect the financial performance and prospects of companies.
IFRS S1 sets out the general requirements for disclosing sustainability-related financial information, while IFRS S2 focuses on the specific disclosures related to climate change. Both standards are designed to be used together.
By applying these standards, companies will be able to communicate how they are managing the impacts of sustainability issues on their business, as well as how they are contributing to the global goals of sustainable development and climate action
In this video, you will learn:
The key features and benefits of IFRS S1 and IFRS S2
The scope and applicability of the standards
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