IFRS Foundation Guidance – transition plan disclosures

The IFRS Foundation has published guidance on disclosing information about transition plans. Developed based on the work of the Transition Plan Taskforce (TPT), over which the IFRS Foundation took responsibility for in 2024, this guidance offers a structured framework aimed at: 

• supporting companies in complying with IFRS S2; 
• facilitating the publication of high-quality, relevant, and comparable information on transition plans, covering both mitigation and adaptation efforts. 

Through this guidance, the ISSB also seeks to reduce the fragmentation of transition plan disclosures, which currently poses challenges for both companies and investors. 

Finally, the IFRS Foundation encourages jurisdictions that adopt or use ISSB standards to leverage this guidance to enhance the quality and comparability of published information. 

Guidance on disclosing information about transition plans.