The Ministry of Finance of the People's Republic of China, together with eight other ministries and departments, jointly issued the Climate Standard. The Climate Standard was informed by IFRS S2 Climate-related Disclosures issued by the ISSB and is intended to produce functionally equivalent results, but it goes beyond the international standard in some respects. The Chinese Climate Standard can be applied on a voluntary basis before the application scope and timeline is determined.
The standard follows on the issuance of the Sustainability Disclosure Standard for Business Entreprise - Basic Standard earlier this year.
PwC released a summary of the standard and its key requirements, available here.