The ASB is consulting on the IPSASB’s Sustainability Reporting Standard, Climate-related Disclosures and you have an opportunity to comment. The Exposure Draft provides guidance on disclosures about climate-related public policy programmes and their outcomes as explained in an article on 3 February 2025. The IPSASB specifically requests comment on the following: 

 

Specific Matter for Comment 3: Scope of Public Policy Programs (paragraph 3 and AG2.4-AG2.6) 

This Exposure Draft requires disclosures about public policy programs with a primary objective to achieve climate-related outcomes. Do you agree with this approach and the scope of public policy programs included in required disclosures? If not, what alternative approach would you propose and why?  

The Exposure Draft includes an Alternative View on the approach to climate-related public policy programs. 

Specific Matter for Comment 4: Public Sector-Specific Definitions (paragraph 7) 

This Exposure Draft provides public sector-specific definitions and related guidance for:  

(a) Public policy programs;  

(b) Public policy program outcomes; and  

(c) Climate-related public policy programs.  

Do you agree with the proposed public sector-specific definitions and guidance? If not, what alternative definitions would you propose and why? 

Specific Matter for Comment 5: for Climate-related Public Policy Programs (paragraphs 12 and AG2.24-AG2.31) 

This Exposure Draft proposes disclosure requirements about an entity’s strategy for climate-related public policy programs which include information that enables primary users to understand the entity’s strategy and decision-making, anticipated challenges to achieving intended outcomes and financial implications of the climate-related public policy program.  

Do you agree that the disclosure requirements on strategy for climate-related public policy programs meet the information needs of primary users? If not, what alternative approach would you propose and why? 

Specific Matter for Comment 6: Metrics and Targets for Climate-related Public Policy Programs (paragraphs 26-27 and AG2.34-AG2.44) 

This Exposure Draft proposes to require disclosures about metrics and targets, including (a) the change in greenhouse gas emissions reasonably attributed to climate-related public policy programs and (b) other metrics to measure and monitor performance in relation to climate-related public policy programs. 

Do you agree these disclosures meet the information needs of primary users of the report (see paragraph 26)? If not, what alternative approach would you propose and why? 

To respond to these questions, submit your written comment on ED 213 to info@asb.co.za or participate in upcoming roundtable discussions. Details of the roundtables are shared on the “ASB Engage” post every alternate Friday. 

Comment on ED 213 closes on 14 February 2025.