UNDERSTAND THE SHIFT TOWARD GLOBAL BASELINES

IFRS S1 and S2

The IFRS Foundation is enhancing connectivity between accounting standards and sustainability standards. Understanding your gaps against IFRS S1 and S2 is important as they become enshrined in UK reporting obligations. Get in touch to understand where your reporting needs to improve, and how these standards connect with your broader financial reporting.

CLARIFY WHAT’S RELEVANT

Focus on financially material sustainability risks

At the core of IFRS S1 and S2 lies financial materiality: disclosing sustainability issues that could affect your company’s value over time.

We help you identify what that means in practice — for your business model, your sector, and your stakeholders. Together, we define a focused, relevant scope for reporting that’s grounded in reality and aligned with investor expectations.

BUILD SOMETHING THAT LASTS

Turn reporting into a working system

Good reporting isn’t about one-time compliance. It’s about creating a process you can actually rely on — year after year.

We help you put the right roles, data flows, and internal governance in place. Whether you’re aiming for full assurance or just trying to reduce the stress of year-end disclosure, we support your teams in building clarity and confidence.

CONNECT THE DOTS

Align with CSRD, TCFD and existing disclosures

If you’re already reporting under CSRD, CDP or TCFD-aligned frameworks, you’ll recognise familiar elements in IFRS S1 and S2. The challenge is knowing where they overlap — and where they diverge.

We help you map out the intersections so you can avoid duplication and ensure consistency. The goal: fewer contradictions, more coherence, and reports that actually support your strategy.

CONNECT THE DOTS

Align with CSRD, TCFD and existing disclosures

KNOW WHERE YOU STAND

Take stock before diving in

Whether IFRS S1 and S2 apply to you now or are just around the corner, it helps to get a clear picture of your starting point.

Our readiness check walks you through key expectations and shows where you’re already aligned — and where some groundwork is needed. No guesswork, no generic advice — just a practical path forward.

TURN UNCERTAINTY INTO STRATEGIC CLARITY

Climate-related Scenario Analysis

IFRS S2 evolved from TCFD and emphasises its approach to scenario analysis. Our team can help you turn climate risks and opportunities into insights — and make sure they inform both your strategy and your disclosures.

Why choose IMS for your ESG Strategy?

Proven expertise

With decades of experience, we’ve helped clients achieve Leadership status in their CDP submissions and improve their ESG ratings.

Tailored Solutions

From initial strategy development to final reporting, we offer end-to-end support tailored to your industry and goals.

Actionable Insights

Our tools and methodologies deliver clear, actionable recommendations that drive real-world results.

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Get in touch

Got a sustainability puzzle keeping you up at night? A regulation headache? A bold vision that needs wings? Let’s chat. No sales pitch, no jargon – just real talk with people who care as much as you do.

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