IFRS S1 Explained: General Requirements for Sustainability-Related Disclosures
What must you disclose under IFRS S1? In Episode 5 of GreenCo's Singapore Green Plan series, we explain the general requirements for disclosing sustainability-related risks and opportunities, effective for annual reporting periods beginning on or after 1 January 2024.
The 4 Core Disclosure Pillars of IFRS S1
- Governance – the processes, controls and procedures used to monitor and manage sustainability-related risks and opportunities.
- Strategy – how these risks and opportunities affect the business model, strategy and financial position.
- Risk management – how sustainability-related risks are identified, assessed, prioritised and monitored.
- Metrics and targets – how performance is measured, including progress towards targets.
Why IFRS S1 Matters in Singapore
IFRS S1 provides the general framework that climate disclosures under IFRS S2 build on. For Singapore companies aligning with the Singapore Green Plan 2030 and global investor expectations, understanding these four pillars is the foundation for credible sustainability reporting. Learn how GreenCo's sustainability reporting advisory can help.
Watch the Full Singapore Green Plan Series
Previous: Episode 4 – What Are the ISSB Standards?
Next: Episode 6 – IFRS S2 Climate-related Disclosures
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Learn with GreenCo: All-Round ESG Advisory, Built from Scratch
These learning videos are produced by GreenCo, an ESG and climate risk advisory firm in Singapore and Hong Kong that has supported more than 80 listed companies since 2016. We provide all-round ESG advisory services under one roof, from sustainability reporting and climate disclosures to GHG accounting, climate scenario analysis, ESG ratings and assurance. We can build your ESG framework, data processes and reports from scratch, and our consultants stay actively involved throughout the whole project, not just at kick-off and sign-off.
We use AI and digital tools to work faster, but AI is a tool, not the advice. The real value comes from our consultants' professional judgement: understanding your business, interpreting the rules, challenging the numbers and making sure every disclosure stands up to scrutiny.
Our Values
- Integrity – credible, decision-useful disclosures, prevent greenwashing.
- Partnership – hands-on involvement from day one to end of project.
- Tailored expertise – solutions built around your business.
- Knowledge sharing – making ESG regulations clear and accessible for everyone.
- Innovation – using technology to make sustainability work more efficient.
Our Team's Professional Credentials
- Fellow Certified Public Accountant (FCPA)
- Chartered Financial Analyst (CFA) – CFA Institute
- Financial Risk Manager (FRM) – Global Association of Risk Professionals (GARP)
- Certified ESG Analyst (CESGA)
- Sustainable Investing Certificate – CFA Institute
- GRI Certified Professional
- Practitioner Member – Institute of Sustainability and Environmental Professionals (ISEP)
- GRI Certified Sustainability Professional – Global Reporting Initiative (GRI)