UK Sustainability Disclosure TAC Projects
Published: 21 May 2024
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Endorsement: Technical assessment of IFRS S1 and IFRS S2
Status: In progress
The UK Sustainability Disclosure TAC has received a commission from the Department for Business and Trade (DBT) to undertake a technical assessment of the IFRS® Sustainability Disclosure Standards—specifically, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (IFRS S1) and IFRS S2 Climate-related Disclosures (IFRS S2)—to determine their appropriateness for use in the UK.
| Name | Commission letter from the Minister of State for Enterprise, Markets and Small Business |
|---|---|
| Publication date | 21 May 2024 |
| Type | Letter |
| Format | PDF, 98.1 KB |
| Name | Context letter from the Department for Business and Trade |
|---|---|
| Publication date | 21 May 2024 |
| Type | Letter |
| Format | PDF, 183.7 KB |
This project will commence on the 31 May 2024. Meeting agendas, technical papers and summary notes will be available to view on the UK Sustainability Disclosure TAC Meetings and Summaries page.
Project plan
The project plan will be discussed by the UK Sustainability Disclosure TAC on the 31 May 2024.
Call for evidence
In July 2023 the Secretariat to the UK Sustainability Disclosure TAC published a call for evidence to seek UK views on the IFRS Sustainability Disclosure Standards (IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures) as issued by ISSB and their prospective use in the UK.
The closing date for responses was 11 October 2023. Unless confidentiality was expressly requested by the respondent, all responses are published on the FRC website.