MOF Seeks Comments on IFRS S2 Climate-related Disclosures

The Ministry of Finance (MOF) has issued the Amendments to IFRS S2 Climate-related Disclosures (Exposure Draft) (the "Draft") formulated by the International Sustainability Standards Board (ISSB) to solicit opinions from relevant entities by May 28, 2025.

The Draft mainly involves: (1) relief for the disclosure of Scope 3 Category 15 greenhouse gas emissions; (2) relief for the use of Global Industry Classification Standard; (3) relief for the use of GHG Protocol Corporate Standard, and (4) relief for the use of global warming potential values. According to the Draft, the above amendments are optional, and enterprises may determine the applicability of relevant relief at their discretion according to actual conditions, and the applicability will not affect the enterprises in their publication of relevant statements on compliance with the International Sustainability Standards.



(Source: http://kjs.mof.gov.cn/gongzuotongzhi/202505/t20250508_3963414.htm)

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