Webcast: Climate resilience and climate-related scenario analysis requirements in IFRS S2
IFRS S2 Climate-related Disclosures requires an entity to disclose information
about its assessment of its climate resilience and that the entity uses climate-related
scenario analysis to inform that assessment.
IFRS S2 requires these disclosures because climate-related risks and opportunities that
affect an entity are often complex and their likelihood, magnitude and timing are
uncertain. Investors need useful information that enables them to understand the
resilience of an entity’s strategy and business model to climate-related changes,
developments and uncertainties—that is, to understand the entity’s climate
resilience.
In this webcast, Veronika Pountcheva (ISSB member) and Tim Kasim (ISSB technical staff)
explain the requirements in IFRS S2 on disclosing information about climate resilience
and the use of climate-related scenario analysis, including the proportionality
mechanisms that enable entities to select an approach to scenario analysis that is
commensurate with their circumstances.
The webcast is accompanied by a factsheet that provides an overview of the webcast.
Access the webcast here.
Access the webcast slides.
Access the IFRS Sustainability Standards Navigator to find out more about the
climate resilience and climate-related scenario analysis requirements in IFRS S2.