By using IBM® ESG Suite support for the
International Financial Reporting Standards (IFRS) framework, you can save time, reduce risk, and
enhance transparency in your sustainability reporting.
How Envizi ESG Suite supports IFRS
supporting
Envizi ESG Suite provides systematic data capture,
embedded questions, answer guidance, and an integrated set of reporting workflow tools to help you
create disclosures that align with IFRS. All the content is drawn from the standard and made
available directly in the software, including the questions and accompanying guidance. The framework
content is presented in Envizi ESG Suite the same way as it
is laid out in the implementation guidance from the IFRS Standards Level III. The content includes
the IFRS taxonomy, labels, data types, and submetric codes to make it easier to follow and align
with reporting requirements. To further aid interpretation, the following mappings are made:
Each standard section corresponds to a single section in Envizi ESG Suite.
Each standard topic corresponds to a single question.
Accompanying guidance provides further guidance on best practice.
Answers can be drawn directly from the underlying data layer that supports the capture of both
quantitative and qualitative data points that IFRS S1 and S2 require.
Also, you can use the SASB-managed framework by adding it as a second framework. You can include
the questions and metrics that align to your corresponding sector and operations.Figure 1. Example of an SASB question that could be included in IFRS
reporting
To learn more about how Envizi ESG Suite can help you
meet IFRS requirements, reach out to the team
