Comment on the draft IFRS S1 General Requirements for Sustainability-related Information and draft IFRS S2 Climate-related Disclosures.

The task of ensuring a just energy transition and keeping global heating to below 1.5° C degrees requires strong accounting standards and climate related disclosures, particularly for Australia’s oil, gas and mining sectors. This comment provides feedback from civil society to support Australia’s input into the work of the International Sustainability Standards Board; and inform Australia’s response on important sustainability and climate related disclosures.