ISSB issues guidance on transition plan disclosures
ISSB issues guidance on transition plan disclosures
The International Sustainability Standards Board (ISSB) released new guidance on transition plan disclosures to support the implementation of IFRS S2 Climate-related Disclosures.
This guidance ‘Disclosing information about an entity’s climate-related transition, including information about transition plans, in accordance with IFRS S2’ is based on materials developed by the Transition Plan Taskforce (TPT) and aims to help entities provide high-quality information about their climate-related transition efforts, including both mitigation and adaptation strategies. It does not alter the existing requirements of IFRS S2. The IFRS Foundation will continue to monitor these disclosures and may enhance the application guidance in IFRS S2 as needed.
More details and access to the guidance can be done via the press release.
This guidance ‘Disclosing information about an entity’s climate-related transition, including information about transition plans, in accordance with IFRS S2’ is based on materials developed by the Transition Plan Taskforce (TPT) and aims to help entities provide high-quality information about their climate-related transition efforts, including both mitigation and adaptation strategies. It does not alter the existing requirements of IFRS S2. The IFRS Foundation will continue to monitor these disclosures and may enhance the application guidance in IFRS S2 as needed.
More details and access to the guidance can be done via the press release.