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Current and Anticipated Financial Effects of Sustainability-Related Risks and Opportunities

Current and Anticipated Financial Effects of Sustainability-Related Risks and Opportunities

Year Published

2024

Contributing Organizations

International Financial Reporting Standards (IFRS)

Type of Resource

Webinar or Podcast

Languages

English
Japanese

Relevant Topics

Core Topic
Disclosure Standards

Target Audience

All

Relevant Geography

Global
Current and Anticipated Financial Effects of Sustainability-Related Risks and Opportunities

Resource Description

This presentation outlines disclosure requirements under IFRS S1 and S2 for reporting current and anticipated financial effects of sustainability-related risks and opportunities. It builds on TCFD guidance and includes examples across time horizons to support application.

Why This Matters

These standards help companies connect sustainability risks to financial reporting, improving clarity for investors and aligning with growing disclosure expectations.

Key Insights

  • Requires disclosure of how sustainability-related risks and opportunities affect financial position, performance, and cash flows
  • Allows qualitative disclosures when quantitative data is unavailable, with justification
  • Emphasizes alignment between financial and sustainability disclosures in entity scope, timing, and assumptions
  • Provides case examples on regulatory change, impairment, and risk of asset adjustment

Secondary File Resources

Secondary Resource Link(s)
IFRS S1 and IFRS S2: Current and Anticipated Financial Effects
IFRS S1 and IFRS S2: Current and Anticipated Financial Effects. Part 2 - (Japanese)
Video: Current and Anticipated Financial Effects
IFRS S1 and IFRS S2: Current and Anticipated Financial Effects. Part 1 - (Japanese)

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