{"id":24507,"date":"2025-04-29T12:27:15","date_gmt":"2025-04-29T11:27:15","guid":{"rendered":"https:\/\/aaro.com\/?p=24507"},"modified":"2025-04-29T13:38:57","modified_gmt":"2025-04-29T12:38:57","slug":"ifrs-s1-and-ifrs-s2-strengthening-global-sustainability-reporting","status":"publish","type":"post","link":"https:\/\/aaro.com\/en\/ifrs-s1-and-ifrs-s2-strengthening-global-sustainability-reporting\/","title":{"rendered":"IFRS S1 and IFRS S2: Strengthening Global Sustainability Reporting"},"content":{"rendered":"\n<p><strong>The introduction of IFRS S1 and IFRS S2 by the International Sustainability Standards Board (ISSB) sets a new global benchmark for sustainability-related financial disclosures.<\/strong><\/p>\n\n\n\n<p>Effective for reporting periods beginning 1 January 2024, these standards aim to improve the consistency, transparency, and decision-usefulness of sustainability and climate-related reporting across industries and markets.<\/p>\n\n\n\n<p><strong>IFRS S1<\/strong> provides general requirements for disclosing sustainability-related risks and opportunities that could impact an entity\u2019s financial performance, while <strong>IFRS S2<\/strong> focuses specifically on climate-related disclosures, addressing both risks and opportunities arising from climate change.<\/p>\n\n\n\n<p>In the last publication from AARO Academy, <strong>Stella W Chege,<\/strong> Senior IFRS Consultant and Trainer at AARO, explains what organizations need to do to prepare for adoption \u2013 adapting people, processes, and systems, while also unlocking strategic opportunities.<\/p>\n\n\n\n<p><a href=\"https:\/\/aaro.com\/en\/overview-of-ifrs-s1-s2-sustainability-reporting-standards\/\" title=\"\">\ud83d\udc49 <strong>Read the full article here<\/strong><\/a> to explore what these new standards mean for your organization and how you can prepare for the transition.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The introduction of IFRS S1 and IFRS S2 by the International Sustainability Standards Board (ISSB) sets a new global benchmark for sustainability-related financial disclosures. Effective for reporting periods beginning 1 January 2024, these standards aim to improve the consistency, transparency, and decision-usefulness of sustainability and climate-related reporting across industries and markets. IFRS S1 provides general [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":24564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[77],"tags":[124,125],"class_list":["post-24507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nyhet-en","tag-ifrs-s1","tag-ifrs-s2"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/posts\/24507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/comments?post=24507"}],"version-history":[{"count":5,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/posts\/24507\/revisions"}],"predecessor-version":[{"id":24520,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/posts\/24507\/revisions\/24520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/media\/24564"}],"wp:attachment":[{"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/media?parent=24507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/categories?post=24507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aaro.com\/en\/wp-json\/wp\/v2\/tags?post=24507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}