logo
episode-header-image
Jun 26
27m 27s

Sustainability now: ISSB clarifying gree...

PWC
About this episode

A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.com

In this episode, we highlight the proposed amendments to IFRS S2, the climate-related disclosure standard from the International Sustainability Standards Board (ISSB). Learn how the changes aim to clarify greenhouse gas (GHG) reporting, specifically scope 3 emissions, and the potential implications they have on reporting.

In this episode, we discuss:

  • 0:57 – Overview of IFRS S2, the role of the Transition Implementation Group, and what’s driving the amendments
  • 3:52 – Clarifying the definition of scope 3 category 15 (investments) emissions
  • 12:23 – Industry classification requirements for entities engaging in commercial banking and insurance-related activities
  • 16:28 – How to apply jurisdictional relief for GHG measurement methodology
  • 19:47 – Global warming potential (GWP) values and jurisdictional relief
  • 22:55 – Next steps for the exposure draft and recommendations for reporters in the interim

Looking for the latest developments in sustainability reporting?

About our guest

Marcin Olewinski is a PwC Assurance practice partner with over 20 years of experience bringing valued perspectives and insights to large clients in the energy sector. Additionally, he’s focused extensively within the National Office on greenhouse gas emissions and sustainability reporting and leads PwC’s global technical working group focused on GHG.

About our host

Heather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.

Up next
Jul 8
Lease accounting reset - Embedded leases
We continue our lease accounting podcast miniseries with an episode focused on embedded leases. Some arrangements to provide services or purchase inventory rely on the use of a specific asset to fulfill the contract. Even if the word “lease” doesn’t appear, the rights conveyed to ... Show More
45m 11s
Jul 1
Lease accounting reset – Variable rents
We continue our lease accounting miniseries with a focus on variable lease payments, an area that can significantly influence lease classification and measurement. In this episode, we explore the complexities of usage-based and index-based payments, fair market rent adjustments, ... Show More
35m 44s
Jun 24
Lease accounting reset - Modifications and terminations
We continue our lease accounting miniseries with an episode focused on modifications and terminations. From determining whether a change results in a new lease to navigating remeasurement requirements, we share practical insights and key reminders for applying the guidance.In thi ... Show More
33m 5s
Recommended Episodes
Jan 2025
How AI is Transforming Human Resources with John Kannapell, CYPHER Learning
Discover the transformative power of artificial intelligence in HR as we explore how generative AI is reshaping the workplace. The guest this time is John Kannapell, President, COO and Board Member at CYPHER Learning, a company leading the disruption of learning platforms to unle ... Show More
23m 59s
Jan 2025
What an AI-powered finance function of the future looks like
In this bonus episode of Inside the Strategy Room, we feature an interview with OpenAI CFO Sarah Friar from the At the Edge podcast. Sarah joined our senior partner, Lareina Yee, to discuss how to lead through this era of intense technological change and what it means for the fut ... Show More
28m 19s
May 19
963. News: IPOs are on the horizon for Monzo and Chime, Stripe teams up with Ramp, and Klarna's boss says: less AI, more humans
About this episode: Host Benjamin Ensor, Director of Research & Strategy at 11:FS, is joined by a fantastic panel of guests as we dive into some of the biggest stories from the worlds of fintech, banking, and wider financial services this week. Stories covered on the podcast: Mon ... Show More
1h 5m
Aug 2024
Client Retention and the Performance Economy
In the evolving landscape of AI, professional service companies face a critical juncture: productize or risk being left behind. But what does it mean to productize services in an AI-driven economy? Join Knownwell's Chief Marketing Officer, Courtney Baker, CEO David DeWolf, Chief ... Show More
37m 14s
Apr 7
951. News: Monzo enters insurance, WeeFin raises €25M for sustainable finance, and OpenAI is now worth $300bn
For those listening in GCC and Turkey, this episode is sponsored by XM. https://bit.ly/ClaimBonusFintech -- About this episode: Host David Barton-Grimley is joined by an expert panel of guests as we dive into some of the biggest stories from the worlds of fintech, banking, and wi ... Show More
1h 1m
Jul 2024
Green Planning: How CSCOs Can Help their Organization Reach its Sustainability Goals
Sustainability plays an essential role in shaping the future of supply chains - take your first steps to going green here.In this episode, hosts Scott Luton and Kim Reuter engage with seasoned experts Paul Delbar and Bart Verbruggen from OMP to illuminate the complexities and opp ... Show More
52m 16s
Feb 2024
827. News: Revolut launch eSims and the EU's need for speed-y payments
Our expert host Benjamin Ensor is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.Stories include Revolut's launch of eSims to combat expensive data roaming charges, new research from Lightyear which shows ... Show More
1h 10m
Apr 2024
845. News: Jamie Dimon talks AI in his annual shareholder letter as fintech funding hits a seven-year low
Our expert hosts, Ross Gallagher and Jamie Campbell, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including JPMorgan Chase boss Jamie Dimon comparing AI with the invention of the steam engine, AND ... Show More
1h 11m
Jul 2024
875. News: Monzo tells us how they're going to keep your money safe and Revolut posts huge results
Join hosts Benjamin Ensor and Nadine Timmer-Bodenstein and some great guests as we discuss the biggest fintech and financial services news this week. Topics covered include: Monzo launching three new controls to protect their users from fraud, Revolut posting record profits as IP ... Show More
1h 1m
Jan 2025
929. News: The role of fintech in responding to California's wildfire crisis
All of us at 11:FS send our love and support to all of our friends in Los Angeles who have been affected by the wildfires.On this week's Fintech Insider News, host David M. Brear is joined by a great panel of experts as we take a closer look at the most interesting stories from t ... Show More
1h 2m