IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information

Year Published

2023

Contributing Organizations

International Financial Reporting Standards (IFRS)

Type of Resource

Standard

Languages

English

Spanish

French

Korean

Japanese

Relevant Topics

Core Topic

Disclosure Standards

Target Audience

All

Relevant Geography

Global

Resource Description

This resource is the IFRS S1 Sustainability Disclosure Standard (June 2023), which sets general requirements for reporting sustainability-related financial information.

Why This Matters

The standard establishes a global baseline for consistent, comparable sustainability reporting, improving transparency and investor confidence.

Key Insights

Objective: require disclosure of sustainability-related risks and opportunities useful to investors in making resource-allocation decisions
Entities must report on risks and opportunities that could reasonably be expected to affect cash flows, access to finance, or cost of capital over the short, medium, or long term
These are collectively referred to as “sustainability-related risks and opportunities that could affect prospects”
Disclosures cover governance, strategy, risk management, and metrics/targets, aligned with IFRS and complementary to IFRS S2