Disclosure LibraryPractitioner guidance for every reporting disclosure
All disclosures Courses
Home→ Disclosure Library→ IFRS / ISSB→ IFRS S2→ s2-13
IFRS S2: Climate-related Disclosures · Issued 2023 · Effective from 1 January 2024
Paragraph 13

Business model and value chain

Practical guidance for preparing this disclosure. Use this card to identify the information to prepare, verify claims and organise supporting evidence. For exact requirements, always refer to the official IFRS Foundation source.

IFRS S1 and IFRS S2 were issued in June 2023 and are effective for annual reporting periods beginning on or after 1 January 2024.
Dr Ross Kurinko
Reviewed by Dr Ross Kurinko LinkedIn Strategic ESG Advisor · IFRS S1 & S2 / GRI / ESRS expert GRI Certified Global Trainer · PhD, University of Cambridge · ESG-AI expert 15+ years on FTSE 100 & Fortune Global 500 disclosures Canary Wharf, London LRA educational guidance · Not issued or endorsed by IFRS Foundation
To prepare this disclosure
Disclosure focus

This disclosure enables users to understand the current and anticipated effects of climate-related risks and opportunities on the entity’s business model and value chain.

Explain current and anticipated effects and concentrations using entity-specific categories; cross-reference paragraph 14 responses and paragraphs 15–21 financial effects.

This LRA educational guidance supports disclosure preparation. For the exact requirements, always refer to the official IFRS Foundation source.

Before you start

A quick mental checklist before you prepare this disclosure — tick each as you settle it.

Preparation

Key information to prepare

Preparation field What to capture Evidence hint Owner
Current and anticipated effects Describe the current and anticipated effects of climate-related risks and opportunities on the business model and value chain. Current approved records and review evidence supporting current and anticipated effects. Sustainability reporting / relevant process owner
Concentrations of risks and opportunities Describe where climate-related risks and opportunities are concentrated using relevant entity-specific categories. Current approved records and review evidence supporting concentrations of risks and opportunities. Sustainability reporting / relevant process owner
＋ Show s2-13 sub-elements (LRA working checklist)

How to prepare it

1Start with S2.10–12 matters; determine scope; describe current effects; anticipated effects; concentrations; connect responses/financial effects/resilience; reassess after change; verify opportunities and evidence.
Request the data

Request the disclosure evidence

Translate the disclosure into an internal business question — then adapt it to your organisation's own language.

Request current effects, anticipated effects, concentrations, relevant relationships/operations, horizons, assumptions and evidence. Do not require all three geography/facility/asset breakdowns.

Use the organisation's own role and document names, but preserve the defined IFRS / ISSB terms and the scope described above.

Better request

Request current effects, anticipated effects, concentrations, relevant relationships/operations, horizons, assumptions and evidence. Do not require all three geography/facility/asset breakdowns.

Draft your disclosure

Notes that turn data into a disclosure

LRA training templates — adapt them to your organisation, and check the official source before sign-off.

Method note

Describe effects and concentrations for risks and opportunities; link to identified matter; use relevant concentration categories.

Context note

Apply IFRS S2.13 using the exact paragraph scope and cross-references stated in the official IFRS source.

Download Centre

Preparation tools & forms

Professional preparation tools for s2-13 — free with an LRA Community membership. Register once (it's free) and every download unlocks, together with the Disclosure Library, templates and the LRA AI Assistant.

Free · Community members
01XLSPrep & Assurance workbookDatapoints, risks, evidence to check, owner and evidence pack.Get it free ↧ 02XLSData-request packRequest email, message template, response fields and sign-off structure.Get it free ↧ 03PDFLibrary CardPrintable one-page summary of this disclosure card.Get it free ↧
Go deeper · s2-13
Learn to prepare this disclosure end-to-end

This guide covers one requirement. The IFRS S1 & S2 Reporting course walks the full ISSB workflow — governance, strategy, risk management and metrics — with exercises on your own data.

Available as Guided Flex, Live Cohort, 1:1 Expert Mentorship or Corporate Programme.

Assurance readiness

For each claim, check the evidence

ClaimRiskEvidence to check
Current and anticipated effects described.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Current versus anticipated distinguished.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Concentrations of risks and opportunities described with relevant categories.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Effects/concentrations linked to matters and supported by scope/evidence.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.

Evidence pack to prepare

Common reporting gaps

Risks listed without effects.Only current/anticipated.Responses used as effects.Paragraph 14 changes substituted.Opportunities omitted.Mandatory three-category breakdown.Percentages without explanation.Direct operations only.Narrow supply-chain definition.One boundary.Generic wording.
✓ LRA AI Assistant · Human-in-the-loop
Dr Ross Kurinko
Ask the Study Studio AI Assistant about this disclosure
Get practical answers for your reporting context. Your first two answers are free — join LRA Community for free to continue without a limit.
TryHow do I prepare s2-13?What data do I need to collect?What mistakes should I avoid?
2 free answers
Framework references

Relevant IFRS / ISSB requirements and related disclosures

Available framework references and nearby disclosures relevant to preparing this requirement.

IFRS / ISSB
s2-13
within IFRS S2: Climate-related Disclosures
Open official source →
Primary
Related & explore
Go deeper · s2-13
Learn to prepare this disclosure end-to-end

This guide covers one requirement. The IFRS S1 & S2 Reporting course walks the full ISSB workflow — governance, strategy, risk management and metrics — with exercises on your own data.

Available as Guided Flex, Live Cohort, 1:1 Expert Mentorship or Corporate Programme.

How this library is built 312 published reports indexed 63171 pages with page-level citations 272 practitioner guides