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ISSB Sustainability Reporting: Applying IFRS S1 and IFRS S2

Course AF-037

ISSB Sustainability Reporting: Applying IFRS S1 and IFRS S2

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Course Schedules Course Overview Course Objectives Target Audience Methodology Daily Agenda

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Introduction

Course overview

Sustainability information is moving from voluntary brochures into the annual report. The ISSB standards, IFRS S1 on general sustainability-related disclosures and IFRS S2 on climate-related disclosures, are being adopted or referenced by regulators and stock exchanges in many jurisdictions, including across the Gulf, Asia and Africa. Finance teams are increasingly expected to produce sustainability disclosures with the same rigour, controls and assurance as financial statements.

This Aractech course takes finance, reporting and sustainability professionals through the requirements of IFRS S1 and IFRS S2 step by step. Participants learn how to identify material sustainability-related risks and opportunities, apply the four pillars of governance, strategy, risk management and metrics and targets, measure greenhouse gas emissions, perform climate scenario analysis and connect sustainability information with the financial statements.

Practical exercises use a sample company so participants can draft disclosures, design data collection and internal controls, and prepare for external assurance. They leave with an implementation plan for their own organisation's first or improved ISSB-aligned report.

View full course outline

What you will achieve

Learning objectives

  • Explain the purpose, structure and adoption status of IFRS S1 and IFRS S2
  • Identify material sustainability-related risks and opportunities
  • Apply the governance, strategy, risk management and metrics and targets pillars
  • Measure and report Scope 1, 2 and 3 greenhouse gas emissions
  • Perform and disclose climate-related scenario analysis
  • Connect sustainability disclosures with financial statements and judgements
  • Design data processes and internal controls for reliable sustainability reporting
  • Prepare an implementation roadmap and readiness for assurance

Who should attend

Target audience

  • Financial reporting and accounting managers
  • CFOs, financial controllers and finance directors
  • Sustainability and ESG managers
  • Internal and external auditors
  • Investor relations and corporate governance professionals
  • Risk managers and company secretaries

Methodology

Learning approach

  • Structured walkthrough of the standards with worked examples
  • Disclosure drafting exercises based on a sample company
  • Emissions calculation and scenario analysis workshops
  • Review of published ISSB-aligned reports
  • Group implementation planning and peer review

Complete course outline

Five focused days of learning and application

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Day 1

The ISSB Standards and the Reporting Landscape

  1. Why sustainability reporting is moving into the annual report
  2. The ISSB, IFRS S1 and IFRS S2: structure and objectives
  3. Global and regional adoption and regulatory requirements
  4. Relationship with TCFD, SASB, GRI and other frameworks
  5. Coffee break
  6. Relationship with TCFD, SASB, GRI and other frameworks (continued)
  7. Materiality and the investor focus of ISSB disclosures
  8. Workshop: assessing your organisation's reporting readiness

Day 2

IFRS S1: General Sustainability-Related Disclosures

  1. Identifying sustainability-related risks and opportunities
  2. The four pillars: governance, strategy, risk management, metrics and targets
  3. Reporting entity, timing and connected information
  4. Judgements, estimates and measurement uncertainty
  5. Coffee break
  6. Judgements, estimates and measurement uncertainty (continued)
  7. Transition reliefs and phased application
  8. Practical exercise: drafting governance and strategy disclosures

Day 3

IFRS S2: Climate-Related Disclosures

  1. Physical and transition climate risks
  2. Climate-related targets and transition plans
  3. Climate scenario analysis and resilience assessment
  4. Industry-based metrics and cross-industry requirements
  5. Coffee break
  6. Industry-based metrics and cross-industry requirements (continued)
  7. Financial effects of climate-related risks
  8. Workshop: performing a simplified climate scenario analysis

Day 4

Greenhouse Gas Emissions Measurement

  1. The GHG Protocol and organisational boundaries
  2. Calculating Scope 1 and Scope 2 emissions
  3. Scope 3 categories, estimation methods and data sources
  4. Emission factors, data quality and uncertainty
  5. Coffee break
  6. Emission factors, data quality and uncertainty (continued)
  7. Financed emissions for banks and investors
  8. Practical exercise: calculating an emissions inventory

Day 5

Implementation, Controls and Assurance

  1. Building the reporting process, data systems and ownership
  2. Internal controls over sustainability information
  3. Connecting sustainability and financial reporting teams
  4. Coffee break
  5. Connecting sustainability and financial reporting teams (continued)
  6. Preparing for limited and reasonable assurance
  7. Common pitfalls and lessons from early adopters
  8. Capstone: ISSB implementation roadmap for your organisation

FAQ

Frequently asked questions

What does ISSB Sustainability Reporting: Applying IFRS S1 and IFRS S2 (AF-037) cover?

This course covers Accounting and Finance through a structured five-day outline focused on practical application, discussion, and implementation planning.

When is the next available session?

The course schedule and fee are available on request. Contact Aractech for current availability and a quotation.

Who should attend this course?

Financial reporting and accounting managers, CFOs, financial controllers and finance directors, Sustainability and ESG managers

Is bilingual course delivery available?

Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.

How can I register for a session?

Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.

Is this course available online as well as classroom-based?

The schedule and fee, including any available delivery options, are available on request. Contact Aractech for details.

Where are classroom sessions delivered?

Classroom venues are confirmed in the schedule panel for each published session.

How long is the training programme?

The programme runs for five days, with up to five training hours per day, from 9:00 AM to 2:00 PM. Each programme includes a total of 25 training hours.