IFRS S2 Climate-related Disclosures

Year Published

2023

International Financial Reporting Standards (IFRS)

Standard

English

Spanish

French

Korean

Japanese

Core Topic

Disclosure Standards

All

Global

Middle East and North Africa

This resource is the IFRS S2 Sustainability Disclosure Standard, focused on climate-related financial disclosures and designed to complement IFRS S1.

IFRS S2 provides a global baseline for consistent climate disclosure, supporting investor decision-making and alignment with climate goals

Objective: require disclosure of climate-related risks and opportunities useful to investors in resource-allocation decisions
Entities must report on climate factors that could affect cash flows, access to finance, or cost of capital over the short, medium, or long term
Covers physical risks, transition risks, and climate-related opportunities
Disclosures include governance, strategy, risk management, targets, and GHG emissions (Scopes 1, 2, and relevant 3)
Aligned with the TCFD framework and integrated into financial reporting