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IAI COMPREHENSIVE CORPORATE REPORTING TASK FORCE PUBLICATION – ISSUE NO. 07/IV/2023

02 Mei 2023 - Publikasi Task Force CCR IAI

The seventh edition of The Indonesian Task Force on Comprehensive Corporate Reporting Publication highlights the necessary steps for companies to adopt IFRS S1 and S2. This comes in light of the International Sustainability Standards Board's (ISSB) decision to issue the IFRS Sustainability Disclosure Standards by the end of Q2 2023, effective 1 January 2024.

The ISSB’s decision on the effective date stems from investors’ strong demand for comprehensive, consistent, and comparable sustainability-related information from companies worldwide as early as possible. To prepare for the adoption of IFRS sustainability disclosure standards, companies must identify critical gaps in their current reporting and evaluate their readiness and maturity. Key steps include:

  1. Reviewing the proposed standards and sources of guidance to facilitate a smooth adoption process.
  2. Restructuring sustainability within the organization.
  3. Simultaneously, establishing processes and controls for data, and promoting sustainability communication throughout the organization to foster a sustainable mindset and corporate culture.
Though the journey to properly implement sustainability disclosure requirements can be lengthy and challenging, it offers benefits beyond compliance and meeting stakeholder demands.

To learn more, download the publication using the link provided below.

Publikasi ketujuh TF-CCR


About The Indonesian Task Force on Comprehensive Corporate Reporting Publication

The Indonesian Task Force on Comprehensive Corporate Reporting Publication highlights current issues and the latest developments in comprehensive corporate reporting, including but not limited to sustainability reporting. The publication is prepared by members of the Task Force and staff of the Technical Division of IAI.

This publication is the perspective of the Indonesia Task Force on CCR, prepared as material for discussing related issues. It is prepared based on institutional comments expressed on the IFRS Foundation website.