The new IFRS S1 and IFRS S2 have landed from the International Sustainability Standards Board. The ISSB has said there are 10 things you need to know and you can read what they are in the latest PQ magazine, on page 17: https://issuu.com/pqpublishing/docs/web_pq_aug23
The ISSB says that better information leads to better economic decisions, and both standards are based on recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
And, the ISSB is hoping the new standards will also help companies tell their sustainability stories in ‘a robust, comparable and verifiable manner’.
