Advanced Climate Reporting: ISSB & TCFD with Jay Shah, SCR®

Course 4: Advanced Climate Reporting: ISSB & TCFD Implementation

Target Audience: Senior ESG professionals, financial reporting specialists, corporate governance teams, and consultants advising on climate disclosures.

Course Description: This advanced course provides in-depth insights into the evolving landscape of climate-related financial disclosures, with a specific focus on the transition from TCFD recommendations to the new ISSB Standards. Participants will gain a clear understanding of reporting requirements and best practices for compliance.

Learning Objectives:

● Understand the historical context and evolution from TCFD to ISSB Standards.

● Identify the core recommendations of TCFD and how they are integrated into ISSB.

● Recognize the enhanced requirements introduced by ISSB (e.g., industry-based metrics, carbon credits, financed emissions).

● Appreciate the significance of global standardization in climate reporting.

● Analyze the career implications for professionals in climate reporting.

● Navigate the resources and guidance available for ISSB implementation.

Modules:

1. The Evolution of Climate Reporting:

● The Role of TCFD: History, recommendations, and impact.

● The Rise of ISSB: Formation, mandate, and goal of global baseline standards.

● The Culmination of TCFD Work: Why TCFD disbanded and its recommendations were integrated into ISSB.

2. Deep Dive into ISSB Standards:

-IFRS S1 (General Requirements) and IFRS S2 (Climate-related Disclosures).

-Consistency with TCFD: How ISSB S2 fully incorporates TCFD recommendations.

-Additional Requirements: Industry-based metrics, carbon credits, financed emissions.

3. Implementation Challenges & Best Practices: Data collection and management for climate disclosures.

-Scenario analysis in practice for reporting.

-Ensuring accuracy and auditability of disclosures.

-Leveraging technology for efficient reporting.

4. The Future of Climate Reporting:

-Global harmonization efforts and regulatory trends. The role of assurance in climate disclosures.

-Career opportunities in climate reporting and assurance.