What exactly are required for a well-structured climate reporting? 🤔📊
This episode offers a technical overview of IFRS S2 Climate-related Disclosures, the specific climate standard designed to be used with IFRS S1. Also effective from 1 January 2024, IFRS S2 sets out detailed requirements for disclosing information about a company’s climate-related physical and transition risks, as well as opportunities.
In this episode, we break down the critical components of IFRS S2 compliance:
1️⃣ Climate-Specific Governance & Strategy
2️⃣ Climate Risk Management
3️⃣ Climate Metris & Targets
4️⃣ Climate Resilience
5️⃣ Climate Financial Impact
Understanding IFRS S2 is critical for meeting stakeholder demands and managing climate-related financial risks. 🌍✨
👉 In our next episode, we’ll explore what are the key recommendations from Singapore's Sustainability Reporting Advisory Committee (SRAC).
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