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Making the Transition from TCFD to ISSB

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Making the Transition from TCFD to ISSB

Year Published

2023

Contributing Organizations

International Financial Reporting Standards (IFRS) Foundation

Type of Resource

Other

Languages

English

Relevant Topics

Core Topic
Disclosure Standards

Target Audience

All

Relevant Geography

Global
Making the Transition from TCFD to ISSB

Resource Description

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Why This Matters

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Key Insights

This resource provides answers to questions related to ‘making the transition from TCFD to ISSB’ including: - How can preparers make the transition from TCFD recommendations to IFRS Sustainability Disclosure Standards? - Why is IFRS S1 General Requirement for Disclosure of Sustainability-related Financial Information important? - Are IFRS S2 Climate-related Disclosures consistent with the TCFD recommendations? - How can you start the transition from the TCFD recommendations to IFRS Sustainability Disclosure Standards? - Can preparers continue to use the resource that references the TCFD - Are the TCFD recommendations being retired? - What does ‘taking over monitoring’ actually mean? - How can preparers begin the transition to IFRS S2 if national disclosure regulation has adopted the TCFD recommendations?

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