About the Authors xiii PART I OVERVIEW OF THE ISSB AND IFRS S1 1 1 Introduction 3 1.1 Aims of the Book and Target Reader 7 1.2 Structure of the Book 9 1.3 Prerequisite Reading 10 2 Global Context 11 2.1 Evolution of the Sustainability Reporting Landscape 12 2.2 Market Practice 26 2.3 The Global Baseline and Interoperability 27 2.4 Conclusion 32 3 General-Purpose Financial Reporting and IFRS Sustainability Disclosure Standards 39 3.
1 The Audience--The Primary Users of General-Purpose Financial Reports 40 3.2 Decisions Relating to Providing Resources to the Entity 43 3.3 IFRS Standards 44 3.4 Assurance 49 3.5 Conclusion 54 4 IFRS S1 General Requirements for Disclosure of Sustainability-Related Financial Information 57 4.1 Objective and Scope 58 4.2 Sustainability-Related Risks and Opportunities 59 4.3 Core Content 66 4.
4 Time Horizons 76 4.5 Materiality 80 4.6 Proportionality 84 4.7 Judgement and Measurement Uncertainty 86 4.8 Fair Presentation 90 4.9 A Complete Set of Sustainability-Related Financial Disclosures 91 4.10 Conclusion 93 PART II APPLYING IFRS SUSTAINABILITY DISCLOSURE STANDARDS 97 5 Identifying Sustainability-Related Risks and Opportunities 99 5.1 How to Think About Sustainability-Related Risks and Opportunities 100 5.
2 Relationship with an Entity's Business Model and Value Chain 105 5.3 Impacts and Dependencies 108 5.4 Summary 115 6 Governance 121 6.1 IFRS S1 Required Disclosures 121 6.2 Corporate Governance 123 .3 Governance of Sustainability-Related Risks and Opportunities 127 6.4 Management's Role 134 6.5 Effective Disclosure 135 6.
6 Conclusion 136 7 Strategy 137 7.1 Sustainability-Related Risks and Opportunities 138 7.2 Current and Anticipated Effects 142 7.3 Resilience 168 7.4 Summary 173 8 Risk Management 175 8.1 Risk Management Disclosures 177 8.2 Sustainability-Related Risks and Opportunities 182 8.3 Conclusion 188 9 Metrics and Targets 191 9.
1 Metrics 191 9.2 Targets 205 9.3 Disclosure 210 9.4 Revisions to Estimates and Correcting for Errors 219 9.5 Conclusion 225 PART III CLIMATE-RELATED AND OTHER DISCLOSURE REQUIREMENTS 231 10 IFRS S2--Climate-Related Disclosures 233 10.1 Relationship Between IFRS S1 and IFRS S2 234 10.2 Scope of IFRS S2 236 10.3 Governance 237 10.
4 Strategy 238 10.5 Risk Management 247 10.6 Metrics and Targets 248 10.7 Conclusion 265 11 Other Topics and Activities 289 11.1 The Process 290 11.2 Topics 292 11.3 Case Study 1: Fashion Apparel--A Clothing Retailer 300 11.4 Case Study 2: Workplace Safety 308 11.
5 Financial Effects 314 11.6 Conclusion 320 PART IV USING SUSTAINABILITY-RELATED FINANCIAL DISCLOSURES 321 12 Analysis and Use of Sustainability Disclosures 323 12.1 The Scope of Investor-Oriented Information 325 12.2 Decision-Useful Information 327 12.3 Communicating with Investors 332 12.4 Conclusion 339 13 Conclusion 341 13.1 An Interdisciplinary Issue 341 13.2 Estimation and Uncertainty 342 13.
3 Materiality 343 13.4 Final Words 344 Notes 345 Index 349.