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IFRS foundation releases guide on climate-related reporting under new sustainability standards

Published on: 03 February 2025
Published by LNB News

LNB News 03/02/2025

Document Information

Issue Date: 03 February 2025

Published Date: 03 February 2025

Jurisdiction(s): World

Article summary

The International Financial Reporting Standards (IFRS) foundation has published guidance to assist companies in reporting climate-related information in accordance with the new international sustainability standards board (ISSB) standards. The guide addresses the 'climate-first' transition relief provided in the ISSB standards and clarifies that even when focusing solely on climate disclosures, companies must apply relevant requirements from the 'IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information'.

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