EY has highlighted six practical considerations for reporting under the IFRS S1 and S2, based on the experiences of companies that have published their first ISSB-aligned sustainability reports in recent months.
It offers insights into:
- How to define the reporting boundary
- How to apply the concept of materiality
- How to report on current and anticipated financial effects
- How to undertake a scenario analysis
- How to report on judgements and measurement uncertainties
- How to structure and present the reports