Key Initiatives Advance IFRS S1 and S2 Implementation
Written
20.12. 2024
Author
ICAEW Insights
Source
The Institute of Chartered Accountants in England and Wales
Social
Major developments in IFRS S1 and S2 Standards implementation are unfolding across multiple fronts. The IFRS Foundation released in November 2024 detailed implementation guidance for companies on sustainability-related disclosures.
In the UK, the Sustainability Disclosure Technical Advisory Committee recommended on December 20, 2024 adoption of IFRS S1 and S2 with minimal amendments.