IFRS Standards On Sustainability – S1 & S2

“Risk Management will soon become a ‘Hot Job’- Bloomberg

Standout in this era of ever advancing Risks!

Course Intro:

The IFRS Standards for Sustainability S1 and S2 are new sets of standards developed by the ISSB to address the growing need for organizations to integrate sustainability-related information into their financial reports.

This training program provides finance and accounting professionals with the knowledge and skills necessary to effectively implement and comply with these new standards. It covers a wide range of topics, including the identification and measurement of sustainability-related risks and opportunities, the integration of sustainability information into financial statements, and the reporting and disclosure requirements for ESG matters.

The training also emphasizes practical applications and case studies, enabling participants to apply their knowledge in real-world scenarios.

Upon the completion of this program, participants will be well-equipped to navigate the evolving landscape of sustainability reporting and meet the increasing demands for transparency and accountability.

  • Sustainability and Its challenges
  • What is Sustainability Reporting?
  • IFRS S1 General Requirements Standard
  • The core elements focusing on governance, strategy, risk management, and metrics and targets under IFRS S1
  • disclosure of material information about sustainability-related risks and opportunities
  • IFRS S2 Climate Standard
  • The concept of double Materiality
    • Understanding Impact Materiality
    • Understanding Financial Material
  • What is climate-related scenario analysis and its use
  • Scenarios for identifying and assessing the potential implications of future states under
    conditions of uncertainty using TCFD Guidance
  • What are scopes 1,2 and 3 Greenhouse gas Emissions
  • Introductory calculation of GHG emissions
  • Identifying risks and opportunities and preparing disclosures
  • disclosure of information related to:
    • Physical risks (e.g. flood risk)
    • Transition risks (e.g. regulatory change)
    • Climate-related opportunities (e.g. new technology)
  • Introduction of Carbon Credits and carbon offsets
  • Industry-based climate disclosure, drawing on SASB Standards
  • Preparation and presentation of sustainability information
  • Tripple and quadruple bottom line
  • Evolution of sustainable practices
  • Why sustainability is important in business?
  • Where to place sustainability in our company?
  • Is sustainability enough to reach climate goals?
  • Pollution (Triple planetary crisis)
  • Climate Change (Triple planetary crisis) – temperature scenarios and risks
  • Biodiversity Loss (Triple Planetary crisis)
  • Overshoot day, lack of sources
  • Main climate risks in Asia according to IPCC
  • Sustainable Development Goals (26.06)
  • Human Rights in SDGs (SDG 1-5)
  • Access and equality in SDGs (SDG 6-10)
  • Communities in SDGs (SDG 11-12)
  • Planet (SDG 13-15)
  • Peace and partnership (SDG 16-17)
  • How to transform your company? Prevention and adaptation.
  • Business model canvas transformation.
  • Stakeholders – transformation actors and value chain management.
  • Greenwashing – sustainability in sales and marketing
  • Carbon and Environmental Footprint.
  • Circular Economy
  • Energy Efficiency and renewables
  • Green Finance.

Credit Hours

8 Hours

Delivery Channel

eLearning

Certificate

Get a shareable certificate

Difficulty

Beginner to Expert

  • Stakeholders (Insurance, Creditors, lenders etc)
  • Policymakers
  • C-suite Management
  • Professionals who lead or want to lead the sustainability reporting projects for their organization​.
  • Sustainability consultants and advisors

Date and Time:

  • E-Learning – Virtual Cohort
  • Facilities – recorded lessons available for up to 30 days
  • Upcoming class date: 12th December 2023
  • Course duration: 1-day program
  • Credit hours : 8
  • Timing: 9:00 AM – 5:00 PM (GMT +3 / KSA Time)

Survey:

At the end of each Program we carry out a survey to ensure our participants receive the best of our services.

Certificate:

Participants will receive a successful course completion certificate subject to completion of post training quiz and assignment. 

Payment:

Trainer:

M. Owais Atta Siddiqui is a senior Risk Management professional and Corporate Trainer with the experience of working in 16 countries in all major regions of the world including Middle East, South Asia, Central Asia, Southeast Asia, Levant and North Africa. Mr. Owais is currently working as the Country Representative for one of the strategic arms of Islamic Development Bank. Prior to this, he was associated with PwC Pakistan in its Business and Risk Consulting department.