IFRS Sustainability Disclosure Standards
Entities apply IFRS Sustainability Disclosure Standards to report on how sustainability-related risks and opportunities affect their financial prospects. This informs decisions made by investors, including whether to provide capital. Sustainability reporting of this type is an extension of conventional financial reporting. It brings new challenges to accounting and sustainability professionals.
Discover a self-contained, authoritative guide to IFRS Sustainability Disclosure Standards
Sustainability Reporting: A Guide for Professionals and Students offers focused guidance, with practical examples, designed to explain how entities can develop disclosures to inform investors. The authors introduce the context, purpose and requirements of IFRS Sustainability Disclosure Standards. They also demonstrate how to think about applying them in practice, covering a range of sustainability-related topics. Sustainability Reporting is designed to help readers think about:
- the purpose of IFRS requirements and how to apply them
- the importance of governance, strategy, risk management, and metrics and targets
- how to disclose information about climate-related issues
- how to develop disclosure for sustainability-related matters not addressed directly by IFRS Sustainability Disclosure Standards
- the role of controls and assurance
- how the Standards are designed to reflect evolving levels of expertise and availability of data
- how and why sustainability-related information is useful for investment decision-making
Sustainability Reporting is written to complement the official and authoritative position of the IFRS Foundation, in particular IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. Perfect for accountants, sustainability professionals, investors, business leaders, directors, and others supporting or studying investor-focused financial reporting, Sustainability Reporting is an accessible guide to IFRS Sustainability Disclosure Standards.
RICHARD BARKER is a member of the International Sustainability Standards Board (ISSB). He is on leave from Saïd Business School, University of Oxford, where he is Professor of Accounting and served as Deputy Dean, Associate Dean for Faculty and Academic Director of the MBA. He is also Senior Associate Research Fellow at Christ Church, Oxford. Richard has previously served on the technical staff of the International Accounting Standards Board (IASB), as well as on the board of the UK's financial accounting standard setter. Richard is the recipient of several teaching prizes, including 'Most Acclaimed Lecturer' in the Social Sciences Division (awarded by Oxford University Student Union) and the Pilkington Teaching Prize (awarded by the University of Cambridge). Richard designed and directed Oxford's Leading Sustainable Corporations online programme. He qualified as a chartered management accountant while at ICI (now AstraZeneca). He holds a BA from the University of Oxford and a PhD from the University of Cambridge.
ALAN TEIXEIRA has been deeply involved in technical accounting and financial reporting for over 40 years. A New Zealander, he is an award-winning educator who has written extensively on accounting matters, including being the lead author of an introductory financial accounting textbook. He balanced an academic career at the University of Auckland while providing technical support to PwC and EY. In 2003 he joined ICANZ, leading the process for bringing IFRS Accounting Standards into New Zealand. In 2005 he joined the staff of the IASB, rising to be its Senior Technical Director. He led the development of many of the IFRS Accounting Standards used today. He also helped to develop the specifications for XBRL and the was an author of the International Integrated Reporting Framework. In 2015 he joined Deloitte as its Global Head of IFRS Research. He provides IFRS technical support to its most important audit engagements. Alan was heavily involved in the development of the first IFRS Sustainability Disclosure Standards. He holds a BCom an MCom and a PhD in Accounting and Finance from the University of Auckland and is a Fellow of CAANZ, sitting on its UK Council.
