ISSB issues targeted amendments to IFRS S2 to support implementation

The International Sustainability Standards Board (ISSB) issued targeted amendments to the greenhouse gas (GHG) emissions disclosure requirements in IFRS S2 Climate-related Disclosures. The amendments clarify measurement and disclosure of Scope 3 Category 15 GHG emissions, permit alternative classification systems for disaggregating financed emissions, and introduce jurisdictional reliefs for certain GHG measurement protocols. These changes are effective for reporting periods beginning on or after 1 January 2027, with early application permitted.