🌍IFRS Launches Webcast Series on Sustainability Risks and Opportunities
The IFRS Foundation just dropped a webcast series to guide companies on disclosing sustainability-related risks and opportunities. Get ready to understand material information like never before!
Key Points
- •📅 Mark Your Calendars: Webcast series launched in November 2024
- •👥 Expert Panel: Featuring ISSB's Sue Lloyd, David Bolderston, and Dianora Aria De Marco
- •📈 What's Covered: Defining material information, identifying sustainability risks, and disclosure practices
- •🔗 Connectivity Insights: How to align sustainability disclosures with financial statements
- •🌐 Interoperability: Tips for using ISSB Standards alongside ESRS or GRI Standards
📢 New Webcast Alert!
In November 2024, the IFRS Foundation released a new webcast series aimed at helping companies tackle the tricky task of identifying and disclosing material information about sustainability-related risks and opportunities. This initiative is designed to assist companies in understanding how these factors could impact their cash flows, access to finance, or cost of capital over different timeframes.
🎤 Meet the Experts
The series features heavyweights like ISSB Vice-Chair Sue Lloyd, ISSB Technical Director David Bolderston, and ISSB Technical Fellow Dianora Aria De Marco. They break down:
- The definition of material information and its application in the ISSB Standards
- What 'sustainability-related risks and opportunities' really means
- How to identify and disclose this crucial information
Their insights offer a comprehensive guide to navigating these complex topics.
📚 Connectivity and Interoperability
Throughout the series, there are several key considerations:
- Connectivity: How to drive alignment between sustainability-related financial disclosures and traditional financial statements.
- Interoperability: Practical advice for those applying ISSB Standards alongside European Sustainability Reporting Standards (ESRS) or GRI Standards.
- Practical examples to make these concepts more relatable and easier to implement in real-world scenarios.
🛠 Practical Applications
The webcast is packed with practical examples that breathe life into the educational material. From aligning sustainability disclosures with financial statements to understanding interoperability with other standards, the series provides actionable insights for companies looking to enhance their reporting capabilities.