The International Financial Reporting Standards Foundation (IFRSF), part of The International Sustainability Standards Board (ISSB), has published a new comprehensive guide designed to help companies identify and disclose material information about sustainability-related risks and opportunities that could affect their cash flows, access to finance or cost of capital over the short, medium or long term.

The guide explains that throughout its value chain a company depends simultaneously on resources and relationships such as; human, intellectual, financial, natural, manufactured and social, while at the same time affecting those resources and relationships. This can contribute to the preservation, regeneration and development, or to the degradation and depletion of these resources and relationships.

The guide also sets out some of the considerations a company might implement to drive connectivity between sustainability-related financial disclosures and a company’s financial statements.

For more information visit the IFRS website.