The compliance window is closing; sustainability disclosure is now a financial reporting obligation.
IFRS S1 & S2 Sustainability Reporting Training
Develop the IFRS S1, IFRS S2, and climate disclosure skills that senior finance, sustainability, and governance professionals need to meet obligations already in force across twenty-one jurisdictions.
- UK Licensed
- Global Standards
- Expert Instructor
- 5 Day Training
- Overview
Course Overview
Sustainability reporting crossed a threshold. For years it was voluntary, narrative, and separate from audited financial statements. IFRS S1 and IFRS S2 have changed that permanently, connecting sustainability and climate risk disclosure directly to financial reporting, embedding it into governance structures, and placing it under the same scrutiny that financial statements attract from auditors, regulators, and investors who now treat climate risk as a material financial risk.
ISSB adoption is accelerating. California SB 253 requires scope 3 emissions reporting from companies with over one billion dollars in annual revenue, with enforcement timelines already active. IFRS S2 amendments effective for periods beginning January 2027 are adding requirements that organizations need to be preparing for now.
This sustainability reporting training program covers IFRS S1 and IFRS S2 core requirements aligned to TCFD reporting, governance, strategy, risk, and metrics frameworks, and how sustainability risks flow into financial statement recognition, impairment, and cash flow. It sits within our corporate training programs portfolio alongside CIA certification, diploma in IFRS, and other top certificate programs. This program is not a general IFRS refresher; core IFRS standards are covered in our Diploma in IFRS for those who need that foundation first. This course is specifically about IFRS sustainability disclosure standards and their financial reporting implications, written for CFOs, sustainability officers, risk officers, and board members already operating at a senior level.
- Goals
Course Objectives
By the end of this program, participants will be able to:
- Interpret IFRS S1 general sustainability disclosure requirements across governance, strategy, risk management, and metrics
- Apply IFRS S2 climate-related disclosure requirements, including Scope 3 emissions reporting and scenario analysis
- Map IFRS S1 and S2 requirements against TCFD reporting pillars and identify gaps in existing disclosure
- Evaluate how sustainability risks affect financial statements across recognition, impairment, and cash flow
- Assess California SB 253 implications and its interaction with IFRS S2 requirements
- Develop a sustainability reporting implementation roadmap connecting disclosure preparation to financial reporting
- Key Points
Who Should Attend?
- CFOs and Finance Directors With Sustainability Reporting Accountability
- Chief Sustainability Officers and ESG Leaders
- Risk Officers Evaluating Climate Risk Financial Materiality
- External and Internal Auditors Assessing Sustainability Disclosure
- Board Members With Governance Oversight of Sustainability Reporting
- Organizations Preparing for ISSB Adoption and SB 253 Compliance
- Key Benefits
Key Benefits of the Course
- A sustainability reporting program grounded in real IFRS S1 and S2 training, compliance, and financial reporting integration scenarios
- Practical TCFD reporting alignment and Scope 3 emissions reporting skills applicable from the next disclosure cycle
- Stronger IFRS sustainability disclosure standards capability covering governance, strategy, and metrics requirements
- Clear financial statement integration methodology connecting sustainability risk to recognition, impairment, and cash flow
- A recognized credential from our top certificate programs portfolio supporting senior sustainability and finance leadership roles
- Outline
Course Outline
Day 1: Evolution of Disclosure and the IFRS Sustainability Framework
- Covers the shift from voluntary sustainability narrative to mandatory IFRS sustainability standards; how the ISSB was established; why IFRS S1 and IFRS S2 represent a structural change rather than an incremental update; and what the twenty-one-jurisdiction adoption trajectory means for organizations that haven't yet started preparation
- Introduces the relationship between IFRS S1 and S2 and existing frameworks, including TCFD reporting, GRI, and SASB, and how existing disclosure programs map against the new standards and where the gaps that ISSB compliance requires organizations to close are most consistently found
- Real sustainability reporting examples show where organizations that treated sustainability disclosure as a communications function rather than a financial reporting obligation were consistently underprepared when regulatory scrutiny treated it as the latter
Day 2: IFRS S1 General Sustainability Disclosure Requirements
- Covers IFRS S1 requirements in full: the governance disclosure requirements covering board oversight and management role, the strategy requirements covering sustainability-related risks and opportunities across short, medium, and long-term horizons, and the risk management requirements covering how sustainability risks are identified and assessed
- Introduces IFRS S1 metrics and targets requirements: how organizations select, disclose, and track the sustainability performance indicators that the standard requires, and what cross-industry and industry-based metric requirements apply across different sector contexts
- Attendees complete an IFRS S1 disclosure gap assessment for a realistic organizational scenario, developing the standard application competency that senior sustainability and finance professionals need to lead internal S1 implementation projects
Day 3: IFRS S2 Climate Disclosure and Scope 3 Emissions Reporting
- Covers IFRS S2 climate-related disclosure requirements in technical depth: physical and transition risk identification, climate scenario analysis methodology, and the scope 1, scope 2, and scope 3 emissions reporting requirements that S2 mandates across different organizational contexts
- Introduces California SB 253 requirements and their interaction with IFRS S2: what SB 253 requires from organizations with significant California revenue exposure, how SB 253 scope 3 requirements align with and diverge from IFRS S2, and what the combined compliance picture looks like for multinational organizations subject to both
- Hands-on exercises develop scope 3 emissions reporting and climate scenario analysis skills, building the technical disclosure competency that IFRS S2 compliance demands from finance and sustainability teams working together rather than in parallel
Day 4: Sustainability Risk in Financial Statements
- Covers how sustainability and climate risks affect financial statement line items, how physical climate risk affects asset impairment assessments under IAS 36, how transition risk affects going concern disclosures, and how sustainability commitments affect revenue recognition, expense accrual, and cash flow statement presentation
- Introduces the financial statement integration discipline that distinguishes IFRS sustainability training at a senior level from general sustainability awareness, how auditors evaluate whether sustainability risks are adequately reflected in financial statements, and what the increasing convergence of sustainability and financial audit means for both functions
- Attendees complete a financial statement integration exercise connecting a climate risk scenario to specific IFRS financial statement impacts, developing the cross-disciplinary competency that CFO and audit-level sustainability reporting standards require
Day 5: Case Studies, Implementation Roadmap, and Certification Preparation
- Covers real-world IFRS S1 and S2 implementation case studies how early adopters have approached governance integration, metrics selection, and financial statement connectivity, and what implementation challenges the case study organizations encountered that preparation methodology could have addressed earlier
- Introduces sustainability reporting implementation roadmap development: how to sequence data collection, governance integration, disclosure drafting, and audit preparation across the reporting cycle in a way that produces compliant disclosure without creating unsustainable reporting burden
- Attendees develop a personal implementation roadmap for their own organizational context, with direct instructor feedback on disclosure approach and financial integration methodology
- Terms
Training Methodology
This program combines:
- IFRS S1 and S2 sustainability disclosure workshops using realistic organizational disclosure gap assessment scenarios
- TCFD alignment and scope 3 emissions reporting exercises with structured peer review and instructor feedback
- Financial statement integration sessions built around real sustainability risk and impairment scenarios
- Sustainability reporting certification preparation aligned to current IFRS Foundation published S1 and S2 standards
- Achievements
Certification
Attendees receive a certificate of completion issued by GII Corporate & Industrial Training Center based on IFRS Foundation’s published standards. This is not an ISSB or IFRS Foundation credential. The program develops practical IFRS sustainability training capability across S1 and S2 disclosure requirements, financial statement integration, and implementation planning. Visit our Training calendar for upcoming dates and contact us now for scheduling options.
- Case Study
Case Study Example
A listed manufacturing organization had been producing a voluntary sustainability report aligned to GRI for four years when its primary market jurisdiction announced ISSB adoption with a two-year implementation timeline. The sustainability team had strong narrative disclosure capability but no connection between sustainability risk and financial statement preparation, no board-level governance structure for sustainability oversight that met IFRS S1 requirements, and no scope 3 emissions data collection methodology that IFRS S2 compliance required. After senior finance and sustainability staff completed this program, the organization built its S1 governance framework, initiated scope 3 data collection, and produced its first integrated sustainability and financial disclosure commentary within the required timeframe. You can also read insights for more knowledge.
- Why Choose
Why Choose This Program?
A sustainability reporting course that covers framework awareness without developing the financial statement integration and standard-specific disclosure competency that IFRS S1 and S2 require produces organizations that understand what the standards say without being able to implement them correctly. This program is built around implementing the disclosure methodology, financial integration, and organizational readiness that genuine IFRS sustainability standards compliance demands at a senior level. Explore our diploma in IFRS program for core IFRS foundations, and our CIA certification and business training programs across our training portfolio for a complete view of what we offer.
- Connect
Contact Us
Ready to build IFRS S1 and S2 sustainability reporting capability across your finance and sustainability leadership? Contact us now for upcoming dates and in-house training solutions tailored to your organization.
- FAQs
Fequently Asked Questions
What does the IFRS S1 & S2 Sustainability Reporting Training program cover?
Five days across sustainability disclosure evolution, IFRS S1 requirements, IFRS S2 and scope 3 emissions reporting, financial statement integration, and case studies with an implementation roadmap on Day 5.
How is this different from the Diploma in IFRS?
The Diploma in IFRS covers core accounting standards including IFRS 9, 15, and 16. This program covers sustainability disclosure standards S1 and S2, specifically a distinct regulatory framework targeting a senior sustainability and finance audience.
Does this program cover California SB 253?
Yes, Day 3 covers SB 253 Scope 3 requirements and their interaction with IFRS S2, making it directly relevant for organizations with significant California revenue exposure subject to both frameworks.
Does GII issue an ISSB or IFRS Foundation certification?
No, GII issues a certificate of completion based on IFRS Foundation’s published standards. The program prepares participants to apply IFRS S1 and S2 requirements; no ISSB credential is involved.
Which roles benefit most from sustainability reporting training?
CFOs, sustainability officers, risk officers, and board members with governance accountability for sustainability disclosure see the most direct value, particularly in organizations facing imminent ISSB adoption or SB 253 compliance deadlines.
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Course Schedule
Select your preferred date & venue
17 Feb -- 21 Feb
Germany
GBP 4595/Person
16 Jun -- 20 Jun
Ghana
GBP 4595/Person
15 Sep -- 19 Sep
Qatar
GBP 4595/Person
08 Dec -- 12 Dec
Spain
GBP 4595/Person
17 Feb -- 21 Feb
Germany
GBP 3595/Person
16 Jun -- 20 Jun
Ghana
GBP 3595/Person
15 Sep -- 19 Sep
Qatar
GBP 3595/Person
08 Dec -- 12 Dec
Spain
GBP 3595/Person
Duration
5 Days