Description:
IFRS S1 in Practice is a practical field guide to implementing the ISSB's general requirements for sustainability-related financial disclosures and preparing for a first sustainability report.
Rather than simply explaining IFRS S1, this book focuses on the practical decisions, processes, data and evidence needed to make the Standard work in practice. It takes readers through materiality, governance, strategy, risk management, value-chain considerations, metrics and targets, connectivity with financial statements, sources of guidance and transition reliefs.
Through two realistic composite case studies, eleven practical workshops, decision checkpoints and ready-to-use templates, readers learn how to build a defensible materiality assessment, identify sustainability-related risks and opportunities, establish governance and reporting responsibilities, address value-chain data gaps, document judgements and prepare an audit- and assurance-ready evidence trail.
The book also addresses the practical challenges of first implementation, including the climate-first transition relief, Scope 3 considerations, data quality, systems, disclosure calendars, financial-statement connectivity and year-two planning.
Designed for accountants, auditors, CFOs, financial controllers, finance and sustainability professionals, risk managers, consultants, academics and advanced students, this guide provides a compact, practical route from materiality assessment to a first sustainability report.