Training Course on IFRS Sustainability Disclosure Standards (IFRS S1 & S2) Masterclass

Introduction

The IFRS Sustainability Disclosure Standards, including IFRS S1 and S2, set a global benchmark for transparent and comparable sustainability reporting. This training course provides finance and accounting professionals with comprehensive knowledge of these standards, enabling them to prepare high-quality sustainability disclosures that meet investor and regulatory expectations.

This training course on IFRS Sustainability Disclosure Standards (IFRS S1 & S2) Masterclass guides participants through the framework’s principles, disclosure requirements, and implementation challenges. Attendees will learn to align sustainability disclosures with financial reporting, enhancing stakeholder trust and supporting integrated corporate reporting.

Target Audience

• Finance and Accounting Professionals
• Sustainability Reporting Specialists
• Corporate Governance and Compliance Officers
• Internal and External Auditors
• Investor Relations and Financial Analysts
• ESG and Risk Management Teams
• Public Sector and NGO Financial Managers

Duration

5 Days

Course Objectives

1. Understand the structure and objectives of IFRS S1 and S2 standards
2. Interpret key disclosure requirements under IFRS Sustainability Standards
3. Integrate sustainability disclosures with financial statements
4. Apply materiality concepts and determine relevant sustainability topics
5. Develop processes for data collection and assurance for disclosures
6. Address challenges in implementing IFRS S1 & S2 in organizations
7. Communicate sustainability information effectively to stakeholders
8. Prepare a roadmap for IFRS Sustainability Standards adoption

Course Content

Module 1: Overview of IFRS Sustainability Disclosure Standards

• Introduction to IFRS S1 and S2
• Relationship with existing sustainability frameworks
• Purpose and benefits of the standards
• Global regulatory landscape
• Timeline for implementation

Module 2: Governance and Strategy Disclosures

• Governance requirements under IFRS S1
• Sustainability strategy integration
• Risk management related to sustainability
• Board and management responsibilities
• Case examples

Module 3: Sustainability-related Financial Disclosures

• Linking sustainability risks to financial performance
• Climate-related financial information (IFRS S2)
• Measurement and metrics
• Scenario analysis and stress testing
• Financial impact disclosures

Module 4: Materiality Assessment for IFRS Disclosures

• Defining and applying materiality concepts
• Stakeholder engagement in materiality processes
• Prioritizing sustainability topics
• Reporting boundaries and scope
• Documentation and governance

Module 5: Data Collection and Assurance Processes

• Gathering sustainability data
• Ensuring data quality and reliability
• Internal controls over sustainability reporting
• External assurance considerations
• Technology tools for data management

Module 6: Reporting and Communication

• Structuring IFRS-compliant sustainability reports
• Integrating with annual financial reports
• Use of visuals and narratives
• Addressing stakeholder information needs
• Disclosure best practices

Module 7: Implementation Challenges and Solutions

• Common obstacles in IFRS S1 & S2 adoption
• Change management strategies
• Capacity building and training
• Systems integration
• Lessons from early adopters

Module 8: Capstone – IFRS Sustainability Disclosure Roadmap

• Assessing organizational readiness
• Developing an implementation plan
• Aligning with broader ESG strategy
• Reporting timelines and milestones
• Presenting to senior leadership

General remarks

• Customizable courses are available to address the specific needs of your organization.
• The participant must be conversant in English
• Participants who successfully complete this course will receive a certificate of completion from Lenol Development Center.
• The course fee for onsite training includes facilitation training materials, tea break and lunch.
• Accommodation and airport pick up are made upon request
• For any inquiries reach us through info@lenoldevelopmentcenter.com or +254 710 314 746
• Payment should be made to our bank