Pwc's Cfodirect Podcast

A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.comIn this episode, we highlight the proposed amendments to IFRS S2, the climate-related disclosure standard from the International Sustainability Standards Board (ISSB). Learn how the changes aim to clarify greenhouse gas (GHG) reporting, specifically scope 3 emissions, and the potential implications they have on reporting.In this episode, we discuss:0:57 – Overview of IFRS S2, the role of the Transition Implementation Group, and what’s driving the amendments3:52 – Clarifying the definition of scope 3 category 15 (investments) emissions12:23 – Industry classification requirements for entities engaging in commercial banking and insurance-related activities16:28 – How to apply jurisdictional relief for GHG measurement methodology19:47 – Global warming potential (GWP) values and jurisdictional relief22:55 – Next steps for the exposure draft and recommendations for reporters in the interimLooking for the latest developmen