ISSB and IFRS S2 Climate Disclosure Reporting Tool
Formist prepares IFRS S2 Climate-related Disclosures, structured around the four pillars the ISSB standard requires: Governance, Strategy, Risk Management, and Metrics and Targets, with Scope 1, 2 and 3 emissions and a transition plan.
What it produces
A report structured as Governance, Strategy, Risk Management and Metrics & Targets, the shape IFRS S2 requires, with Scope 1, 2 and 3 data and a transition plan.
Where IFRS S2 has been adopted
By 2026, around 20 jurisdictions have adopted or are in advanced stages of adopting ISSB standards.
UK Sustainability Reporting Standards (UK SRS).
Sustainability Standards Board of Japan (SSBJ).
HKEX Part D of Appendix C2, aligned with IFRS S2.
AASB S2.
Frequently asked questions
What is IFRS S2?
The ISSB standard requiring disclosure of material climate related risks and opportunities, structured around the four TCFD pillars, effective for annual periods beginning on or after 1 January 2024.
What's the difference between IFRS S1 and IFRS S2?
IFRS S1 sets the general requirements for sustainability-related financial disclosures. IFRS S2 is the first topical standard, covering climate specifically.
Do I need to do scenario analysis?
Yes. IFRS S2 requires climate-related scenario analysis to assess climate resilience, covering a range of scenarios including at least one consistent with limiting warming to 1.5 degrees C.
Can I reuse my CDP or CSRD reporting for IFRS S2?
Yes. The CDP Corporate Questionnaire is explicitly aligned with IFRS S2, and CSRD ESRS E1 overlaps heavily. Formist cross maps content across these frameworks so one data collection exercise can populate several of them.
Start your IFRS S2 disclosure
Tell us which jurisdiction you report under, and we will walk you through the four pillars with your own documents.