The ISSB has built on the work of various sustainability reporting initiatives, including the industry-based Sustainability Accounting Standards Board (SASB) Standards, Integrated Reporting Framework, the Task Force for Climate Related Financial Disclosures (TCFD), the Climate Disclosure Standards Board (CDSB) and the World Economic Forum’s Stakeholder Capitalism Metrics.

This course is focused on providing a sound understanding of the requirements of the existing IFRS Sustainability Disclosure Standards IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures which were published by the ISSB in 2023.

During the course, we will also cover concepts of materiality and value chain, understand how to apply the standards to sustainability-related topics other than climate, analyse the data requirements for reporting and disclosure, discuss the interlink between sustainability and financial reporting and review the ISSB’s current work plan.

Additionally participants will work on examples of best practice reporting (based on existing TCFD reports and published ISSB guidance). All of these activities will help attendees plan and prepare for the incoming standards.

Introduction

• Overview of the ISSB and IFRS Sustainability Disclosure Standards
• Update on the ISSB work plan

IFRS S1 General Requirements for Disclosures

• Principles for preparation and presentation of sustainability-related information
• Identifying material sustainability-related risks and opportunities
• Scope of value chain
• Reporting under the core indicators: Governance, Strategy, Risk management, Metrics & targets
• Connection between sustainability and financial reporting

IFRS S2 Climate-related Disclosures

• Overview of reporting requirements of the standard
• Climate-related risks and guidance on scenario analysis
• Applying general and industry-specific metrics
• Accounting for greenhouse gas emissions
• Expectations of key regulators on reporting the impact of climate change in IFRS financial statements

Practical considerations

• Transition and first-year reliefs
• Implementation challenges and required actions for smooth adoption
• Interaction with other frameworks: ESRS, GRI

This course is delivered through an engaging blend of expert instruction, real-world examples, and interactive discussion to support practical understanding and application.

• Group internet based instruction supported by illustrative examples
• Exploration of the rationale and objectives behind the ISSB’s IFRS Sustainability Disclosure Standards
• In-depth review and interpretation of the standards, highlighting key principles and application points
• Interactive participation is encouraged throughout, with opportunities to share insights and ask questions

• In line with VantagePoint’s sustainability commitment, course materials are provided in digital format. Printed handouts will be limited to in-class exercises only.

This course provides 8 hours of CPE/CPD credits.

VantagePoint Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For information regarding administrative policies such as our complaint policy and refund policy, please contact us at training@vantagepoint.consulting.

Our face-to-face courses are typically held in meeting rooms at centrally located four-star hotels. If you have any queries about the venue for your selected training, please don't hesitate to ask. We will provide updates and ensure that you have all the details you need. 

Virtual courses are delivered via Zoom.