QFCRA Guidance on Corporate Sustainability Reporting
How to start the journey in applying the ISSB Standards
The General Rules (Corporate Sustainability Reporting) and Minor and Technical Amendments Rules 2025 (the CSR Rules) introduce new sustainability reporting requirements for all Category A firms and any other authorised firm designated by the Regulatory Authority.
The new requirements will apply to all financial years starting on or after 1 January 2026 (i.e. with publication in 2027).
This guidance provides an overview of how to start the journey in applying IFRS Sustainability Disclosure Standards IFRS S1 (General Requirements for Disclosure of Sustainability-related Information) and IFRS S2 (Climate-related Disclosures). It provides a high-level overview of the baseline requirements for implementing both IFRS S1 and IFRS S2 (hereon ‘the Standards’). The guidance covers both of the Standards as IFRS S2 builds directly off the foundational guidance in IFRS S1.
This guidance material is largely based on the contents included in the “Model Guidance on Sustainability-Related Financial Disclosures” published by the United Nations Sustainable Stock Exchanges (UN SSE).
The guidance is divided into 7 Chapters covering the following stages in the implementation journey: