Webinar – Is Your Carbon Data Ready for IFRS S2 Reporting and Assurance?

7th April 2026, 2:00 PM to 2:30 PM MYT

In this webinar, Jia Xin Ng guides companies through the key requirements for greenhouse gas (GHG) emissions disclosure under IFRS S2. As Malaysia adopts IFRS S2 under the National Sustainability Reporting Framework, understanding how to produce accurate and auditable carbon data is essential for robust climate-related disclosure and future assurance readiness.

Key Takeaways

1. GHG Emissions Disclosure Requirements: 
   IFRS S2 requires the disclosure of absolute gross greenhouse gas (GHG) emissions in metric tonnes of CO₂ equivalent for Scope 1, Scope 2, and Scope 3, measured in accordance with the GHG Protocol Corporate Standard. Emissions are reported before the effects of carbon credits or offsets.
2. Boundary Consistency: The organisational boundary used for GHG emissions disclosure should be consistent with the boundary applied in financial statements, ensuring alignment between sustainability and financial reporting.
3. Measurement and Scope 2 Reporting: Entities are required to measure emissions using the GHG Protocol. For Scope 2, location-based emissions must be disclosed, with market-based information provided where relevant.
4. Assurance Readiness: While assurance is not mandated under IFRS S2, organisations are expected to strengthen data governance, internal controls, and documentation to support verification. Standards such as ISO 14064 and emerging assurance frameworks like ISSA 5000 are relevant in preparing for assurance.
5. Scope 3 Emissions: Entities are required to disclose material Scope 3 emissions categories. Where certain categories are excluded, this should be appropriately justified. For financial institutions, this typically includes financed emissions within Category 15.