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in a gas boiler). The ISSB redeliberated the proposals after considering the feedback on the Exposure Draft, and expects to issue an IFRS Sustainability Disclosure Standard around the end of Q2 2023. Disclosing climate-related matters, or: not seaworthy! She then joined the Accounting Technical division as an assistant manager serving public sector clients until 2015 and is now at a senior manager role. Define roles and responsibilities for administrating, managing and supervising sustainability matters and the oversight of their management. EDP buys millions of kilograms of maize from these farmers each year. The documents will be available to download from the Open for comment section and from their project pages, General Sustainability-related Disclosures and Climate-related Disclosures. Create an implementation plan for your sustainability strategy. For example, cookies allow us to manage registrations, meaning you can watch meetings and submit comment letters. This decision builds on other decisions the ISSB made related to climate-related disclosure at its October meeting. Outside of work, Amjad is passionate about community service and looks for ways to improve the lives of others around him and is a regular blood donor. The IFRS Foundation also created the Technical Readiness Working Group (TRWG), which comprises Climate Disclosure Standards Board (CDSB), (International Accounting Standards Board (IASB), the Task Force on Climate-Related Financial Disclosures (TCFD), the Value Reporting Foundation (VRF) 1, and the World Economic Forum (WEF) - also known as . IFRS - IASB initiates project to consider climate-related risks in Some of these banks have provided reconciliation tables in the annual report, with cross-references in or between documents to help users navigate the disclosures, which will be a requirement under the forthcoming standards. If you register with us for a free acccount, you can access PDF files of this year's consolidated IFRS Accounting Standards, IFRIC Interpretations, the Conceptual Framework for Financial Reporting and IFRS Practice Statements, as well as available translations of Standards. We use analytics cookies to generate aggregated information about the usage of our website. Discover more about the adoptionprocess for IFRS Accounting Standards, and whichjurisdictions haveadopted them and require their use. Credit risk remains the focus when it comes to the area most impacted by climate-related risks, followed by reputation and operational risks. If you register with us for a free acccount, you can access PDF files of this year's consolidated IFRS Accounting Standards, IFRIC Interpretations, the Conceptual Framework for Financial Reporting Conceptual Framework for Financial Reporting The article contains relevant guidance for boards of directors and audit committees of IFRS reporters when considering the impact of climate-related risks on their financial reporting.