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IFRS S2: Climate-related Disclosures·Paragraphs 11–12

Identification requirements and industry-based disclosure topics

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 S2: Climate-related Disclosures

Paragraphs 11–12 · 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
2LRA preparation fields 5claims to verify 1evidence areas

Disclosure focus

Use all reasonable and supportable information available at the reporting date without undue cost or effort, including past events, current conditions and forecasts. Refer to and consider the applicability of IFRS S2 industry-based disclosure topics. Use the conclusions to identify risks and opportunities under IFRS S2.10.

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
Reasonable and supportable information Use all reasonable and supportable information available at the reporting date without undue cost or effort, covering past events, current conditions and forecasts. Current approved records and review evidence supporting reasonable and supportable information. Sustainability reporting / relevant process owner
Industry-based disclosure topics Refer to and consider the applicability of the industry-based disclosure topics defined in the Industry-based Guidance on Implementing IFRS S2. Current approved records and review evidence supporting industry-based disclosure topics. Sustainability reporting / relevant process owner
＋ Show s2-11-12 sub-elements (LRA working checklist)

How to prepare it

Start with IFRS S2.10 objective.
Gather reasonable/supportable information.
Cover past/current/forecast conditions.
Identify relevant industries.
Consider applicable disclosure topics.
Identify entity-specific risks/opportunities.
Map to S2.10 and other disclosures.
Retain evidence and assess significant judgements.

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 internal working pack: past-event information, current conditions, forecasts/scenario information used, relevant industries, topic applicability assessment, resulting risks/opportunities, significant judgements and review records. Distinguish internal evidence from public disclosure.

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

Better request

Request internal working pack: past-event information, current conditions, forecasts/scenario information used, relevant industries, topic applicability assessment, resulting risks/opportunities, significant judgements and review records. Distinguish internal evidence from public disclosure.

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

Use the two requirements and map resulting risks/opportunities; consider IFRS S1.74–75 for significant judgements.

Context note

Apply IFRS S2.11–12 using the exact paragraph scope and cross-references stated in the official IFRS source.

Download Centre

Preparation tools & forms

Professional preparation tools for s2-11-12 — 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
Reasonable/supportable information used.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Past/current/forecast information considered.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Industry-based disclosure topics considered.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Conclusions mapped to S2.10.The published response does not support this human-reviewed assurance check.Trace the statement to current approved records and the official IFRS source.
Significant judgements documented and assessed under S1.74–75.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

Page treated as five public datapoints.
Current internal information only.
Scenario analysis made universal.
Metrics substituted for topics.
Only one industry assessed.
Guidance treated as exhaustive.
Issue excluded for lack of data.
Materiality applied too early.
Public exclusion/source lists treated as required.
✓ 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

s2-11-12

within IFRS S2: Climate-related Disclosures

Open official source →

Related & explore

Climate-related risks and opportunities → CardObjective →Business model and value chain impact → CardStrategy response and transition plan → CardResourcing of climate actions → Browse all disclosures →

More in IFRS S2 → Browse full catalogue → Disclosure Library home → Search all disclosures →

Go deeper · s2-11-12

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.

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