The ISSB will be holding two webinars on the 12th and 18th of July to provide a detailed overview of two of its inaugural Standards: IFRS S1 and IFRS S2.
The first webinar will take place on the 12th of July at 17:00 CEST (Frankfurt time) and will cover IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information.
The second webinar will take place on the 18th of July at 15:00 CEST (Frankfurt time) and will cover IFRS S2: Climate-related Disclosure.
IFRS S1 sets out the general requirements for a company to disclose information about its sustainability-related risks and opportunities that is useful to investors in making decisions relating to providing resources to the company. The information is disclosed in general purpose financial reports to ensure it is connected and can be considered alongside financial statements. Sue Lloyd, Vice-Chair of the ISSB, and Bryan Esterly, ISSB Acting Executive Technical Director, will talk through the key concepts from the Standard and will provide insights into how the ISSB is working with jurisdictions and companies to support implementation and adoption.
IFRS S2, used in accordance with IFRS S1, requires disclosure of material information about climate-related risks and opportunities to meet investor information needs. IFRS S2 fully incorporates the TCFD recommendations and requires disclosure of material information about climate-related physical and transition risks, and climate-related opportunities. Sue Lloyd and Caroline Clark-Maxwell, ISSB Technical Staff – S2 Lead, will provide a detailed overview of the Standard during the second webinar.
IMPORTANT: Both webinars will be one hour long and recorded for future reference.