On 31st January 2022, the Climate Disclosure Standards Board (CDSB) was consolidated into the IFRS Foundation to support the work of the newly established International Sustainability Standards Board (ISSB). While this site and its resources remain relevant for preparers looking to improve sustainability disclosure until such time as the ISSB issues its IFRS Sustainability Disclosure Standards on such topics, no further work or guidance will be produced or published by CDSB. For further information please visit the IFRS website.

Accounting for climate change within the financial report

How can companies, preparers, accountants and finance functions begin to report climate change under existing accounting standards?

Register online

Following the publication of a guidance for integrating climate matters into financial reporting by CDSB in December 2020, we have published the first of two supplementary papers with further guidance and detail. The first supplementary paper covers additional IFRS accounting standards identified by the IFRS Foundation as relevant when considering material climate-related risks in financial reporting.

We welcome companies, preparers, accountants, the finance function and other stakeholders to join the webinar and gain insight into:

  • How climate-related matters should be factored into company financial reporting;
  • Examples of accounting for climate in line with current IFRS accounting standards; and
  • The steps preparers should take to begin integrating climate-related matters into financial reporting, in line with investor and other stakeholder expectations.


Helena Watson, Director, Accounting Advisory Services, KPMG UK

Charlotte Lo, Director, Banking Accounting Advisory Services, KPMG UK

Sundip Jadeja, Technical Manager, CDSB


  • CDSB Introduction – drivers, challenges and key messages from paper
  • IFRS 9 & 7 - Financial instruments & disclosures
  • IFRS 13 – Fair value measurement
  • IAS 12 – Income taxes
  • IAS 2 - Inventories
  • Conclusions and what's next

With the contribution of the LIFE Programme of the European Union.

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