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IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information·Paragraph 43

Risk management disclosure objective

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.

Legal status

IFRS S1 and IFRS S2 were issued in June 2023 and are effective for annual reporting periods beginning on or after 1 January 2024.

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Published passport

Last reviewed 2026-07-30
RK Reviewed by Dr Ross KurinkoLinkedIn 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

Standard

IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information

Paragraph 43 · Issued 2023 · Effective from 1 January 2024

Effective

2024-01-01

Official source: Open ↗

Last reviewed

2026-07-30

LRA educational guidance · Not issued or endorsed by IFRS Foundation

To prepare this disclosure
3LRA preparation fields 3claims to verify 1evidence areas

Disclosure focus

The objective is to enable users to understand: (a) the entity’s processes to identify, assess, prioritise and monitor sustainability-related risks and opportunities, including whether and how those processes are integrated into and inform the entity’s overall risk profile and overall risk management process; and (b) the entity’s overall risk profile and overall risk management process.

This page should explain the two-part risk management disclosure objective and map preparers to paragraph 44. It should help users understand the entity’s risk and opportunity processes, their integration into overall risk management, and the entity’s overall risk profile and overall risk management process.

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

Before you start

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
Risk and opportunity processes IFRS S1.44(a)–(b): identify, assess, prioritise and monitor. Current approved records and review evidence supporting risk and opportunity processes. Sustainability reporting / relevant process owner
Integration with overall risk management IFRS S1.44(c): extent to which and how processes are integrated into and inform overall risk management. Current approved records and review evidence supporting integration with overall risk management. Sustainability reporting / relevant process owner
Overall risk profile and process Information enabling users to assess the entity’s overall risk profile and overall risk management process. Current approved records and review evidence supporting overall risk profile and process. Sustainability reporting / relevant process owner
＋ Show s1-43 sub-elements (LRA working checklist)

How to prepare it

Treat paragraph 43 as an objective.
Prepare risk processes under 44(a).
Prepare opportunity processes under 44(b).
Prepare integration under 44(c).
Review whether users can assess overall risk profile and risk management.
Check connected information and materiality.
Avoid separate coverage figures or methodology datapoints.

Request the data

Request the disclosure evidence

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

Please provide the substantive disclosures and evidence for IFRS S1.44(a)–(c), together with information showing how the combined processes and integration help users understand the entity’s overall risk profile and overall risk management process.

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

Better request

Please provide the substantive disclosures and evidence for IFRS S1.44(a)–(c), together with information showing how the combined processes and integration help users understand the entity’s overall risk profile and overall risk management process.

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

Map the disclosure to IFRS S1.44(a), 44(b) and 44(c), and verify that the combined information satisfies both components of the paragraph 43 objective.

Context note

Apply IFRS S1.43 using the exact paragraph scope and cross-references stated in the official IFRS source.

Download Centre

Preparation tools & forms

Professional preparation tools for s1-43 — 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 ↧

Assurance readiness

For each claim, check the evidence

Claim Risk Evidence to check
The disclosure addresses risk and opportunity processes accurately and completely.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
The disclosure addresses integration with overall risk management accurately and completely.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
The disclosure addresses overall risk profile and process accurately and completely.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

Paragraph 43 treated as three datapoints.
Opportunities omitted.
Process details not mapped to paragraph 44.
Integration confused with governance or strategy.
Generic ERM description without sustainability processes.
Overall risk profile not understandable.
✓ LRA AI Assistant · Human-in-the-loop
Dr Ross Kurinko

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Framework references

Relevant IFRS / ISSB requirements and related disclosures

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

IFRS / ISSB

s1-43

within IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information

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Related & explore

Fair presentation →Materiality →Reporting entity →Connected information →Core content architecture → Browse all disclosures →

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Go deeper · s1-43

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