IFRS S1
"A shipping company applying IFRS S1 must identify and disclose all material sustainability risks—from labor practices in its supply chain to marine pollution regulations—that could impact its long-term financial performance and investor decision-making."
Definition
IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) is a global standard by the ISSB that requires companies to disclose material sustainability-related risks and opportunities that could affect their enterprise value. The standard incorporates SASB Standards for industry-specific guidance and focuses on financially material ESG topics.
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