TCFD to IFRS S2 Transition Workshop
A half-day workshop for organisations that already publish TCFD-aligned climate disclosures and now have to report under IFRS S2. The good news is that the architecture is the same: IFRS S2 is built on the four TCFD pillars, so governance, strategy, risk management, and metrics and targets all carry over. The work is in the gap between an alignment statement and a compliance requirement.
The workshop is a mapping exercise rather than a lecture. Participants bring their most recent climate disclosure, map it against the IFRS S2 requirements section by section, and mark each item as carried over, needs strengthening, or genuinely new. Most teams leave surprised by how much of the existing work survives, and equally surprised by which specific requirements now have teeth.
HRD Corp SBL-Khas Claimable
Programme Agenda
9:00 AM - 9:15 AM
Welcome and Session Overview
Introduction, objectives, and housekeeping. Participants introduce their current reporting position.
9:15 AM - 10:00 AM
What Carries Over, and Why the Standard Feels Familiar
How the ISSB built IFRS S2 on the TCFD recommendations, the consolidation of the TCFD monitoring role into the IFRS Foundation, and the pillars that transfer unchanged. Establishing the baseline: if you have been reporting against TCFD properly, what you already have.
10:00 AM - 11:00 AM
What Is Genuinely New
The requirements that most TCFD reporters have not been meeting. Industry-based metrics drawn from the SASB standards and the requirement to consider their applicability. The cross-industry metric categories. Mandatory Scope 1, 2 and 3 emissions measured in line with the GHG Protocol, including financed emissions for financial institutions. Current and anticipated financial effects, and the shift from directional narrative to quantified where practicable. Transition plan disclosure. Carbon credit disclosure where offsets are used in a target.
11:00 AM - 11:15 AM
Break
11:15 AM - 12:00 PM
Connectivity, Materiality and Judgement
The requirement that sustainability disclosures connect to the financial statements: same reporting entity, same reporting period, consistent assumptions, published at the same time. Investor-focused materiality under IFRS S1 and how it differs from the double materiality lens many TCFD reporters had been applying alongside GRI. The commensurate-with-capabilities and undue-cost-or-effort reliefs, and how to use them without hollowing out the disclosure.
12:00 PM - 12:45 PM
Gap Mapping Workshop
Working from their own most recent disclosure against a supplied requirement matrix, participants mark each IFRS S2 requirement as met, partially met or absent, then prioritise the gaps by effort and by exposure and assign owners.
12:45 PM - 1:00 PM
Wrap-Up and Q&A
Key takeaways, next steps, and close.
Key Outcomes
- Identify which parts of an existing TCFD-aligned disclosure carry over to IFRS S2 unchanged
- Explain the genuinely new requirements, including industry-based metrics, mandatory Scope 3 and financial effects
- Apply the connectivity requirements between sustainability and financial reporting
- Distinguish investor-focused materiality under IFRS S1 from the double materiality approach used alongside GRI
- Use the available reliefs appropriately without undermining the disclosure
- Leave with a completed gap map against IFRS S2, prioritised and assigned
Training Mode Physical / Online / Hybrid / e-learning
HRD Corp SBL-Khas Claimable
Level Intermediate to advanced, aimed at teams already producing climate disclosures: sustainability, finance, risk and investor relations
Duration Half Day (4 Hours) | 9:00 AM to 1:00 PM
Venue In-house at the client's premises, or delivered via the client's preferred platform (Microsoft Teams, Zoom, or equivalent)
Assessment Completed gap map plus a short knowledge check
Certificate Certificate of Completion issued to all participants upon full attendance