Investors and regulators need to understand how climate-related risks and opportunities have affected and will affect a company’s financial position and performance. They expect a company’s financial statements and sustainability reporting to reflect the risks and opportunities it is facing and the strategic decisions it has made in transitioning to a low-carbon economy. They also expect the different elements of a company’s reporting to provide a coherent, connected and integrated picture.
Are you clear on climate reporting?
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Are you clear on climate reporting?
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Determine the impacts of climate-related matters on your financial statements
Provide relevant and transparent disclosures to enable investors to understand the financial statements
Don't forget the overarching requirements of IAS 1 to provide information that could influence investors' decisions
Provide a coherent, connected and integrated picture across your financial statements, management discussion and analysis (MD&A) and sustainability-related disclosures
Our climate change resource centre provides FAQs to help you identify the potential financial statement impacts for your business. Our blogs, podcasts and videos explore the issues further – including by sector.
You can also keep up to date with the development of the new IFRS® Sustainability Disclosure Standards on our Sustainability reporting pages.
- Net-zero commitments | When do you recognise a liability and how do you tell a connected story?
- Podcast | Net-zero commitments | Impacts on financial reporting
- Video | Climate-related commitments
- Podcast | Climate-related risks | Financial reporting impacts
- Podcast | Climate change and your financial statements
- How do you account for emissions or ‘green’ schemes?
- Podcast | Generating carbon credits under voluntary schemes
- Podcast | How do voluntary green schemes work?
- Podcast | Green initiatives in the airlines industry
- Podcast | ESG measures in executive pay packages
- Video | Does an emissions scheme create an obligation?
- What’s the impact on the discount rate used in testing non-current assets for impairment?
- What might a company that purchases carbon credits voluntarily need to consider?
- What’s the impact on useful lives and residual values of PP&E and intangible assets?
- What’s the impact on cash flow projections used for impairment testing of non-financial assets?
- What are the potential impacts on inventories?
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