IFRS S1 specifies sources of guidance + the relationship with industry-specific disclosure standards + and reporting principles. (1) Sources of Guidance: when applying IFRS S1 + an entity shall (a) apply IFRS Sustainability Disclosure Standards (S1 + S2 + other S-numbered standards as issued); (b) consider applicability of SASB Standards Industry-Based Volume - SASB Standards are 77 industry-specific standards covering 11 sectors (Consumer Goods + Extractives + Financials + Food and Beverage + Health Care + Infrastructure + Renewable Resources + Resource Transformation + Services + Technology and Communications + Transportation) that identify financially material industry-specific sustainability topics and metrics + with disclosure topics + accounting metrics + and activity metrics; (c) consider applicable industry practice + including industry-specific frameworks; (d) consider the most recent pronouncements of other standard-setting bodies whose requirements are designed to meet the information needs of users of general purpose financial reports + including GRI Global Reporting Initiative + CDP Carbon Disclosure Project + CDSB Climate Disclosure Standards Board (now consolidated into IFRS Foundation) + GHG Protocol + UN Frameworks (PRI + SDGs); (e) apply SASB Standards unless the entity determines they are not applicable. (2) Connected Information: an entity shall provide information that enables primary users to understand the connections between sustainability-related risks and opportunities and the entity general purpose financial reports + including (a) consistency of metrics + targets + assumptions between sustainability and financial reporting; (b) reconciliation where amounts differ between sustainability and financial reporting; (c) consistency in time horizons + scope + significant events. (3) Reporting Boundary: align sustainability disclosure with the related financial statements + consolidated/separate financial statements + parent + subsidiaries + joint ventures + associates + per IFRS 10/11/12 + consider value chain entities outside accounting consolidation where material (suppliers + customers + employees). (4) Time of Reporting: sustainability-related financial disclosures published as part of an entity general purpose financial reports + concurrently with related financial statements + interim reporting per IAS 34 where applicable + comparative information for prior period + restatement for prior-period errors. (5) Compliance Statement: entity shall make an explicit and unreserved statement of compliance with IFRS Sustainability Disclosure Standards + if departures permitted to qualify for fair presentation override per IFRS S1 paragraphs + similar to IAS 1 fair presentation override. (6) Comparative Information: prior period comparatives provided + first-year transition reliefs available. Coordinates with SASB Standards 77 Industry Standards + 11 Sectors + Standards Application Guidance + GRI Universal Standards + GRI Sector Standards + GRI Topic Standards + CDP Climate/Water/Forests Questionnaires + CDSB Framework + GHG Protocol + IFRS Accounting Standards 10 11 12 + IAS 34 + IFRS Practice Statement 2 + UN SDGs + UN PRI + IIRC Integrated Reporting Framework. IFRS S1 Sources + SASB Integration applies.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.