What Is IFRS S2?
IFRS S2 — the international Climate-Related Disclosures standard published by the ISSB — requires companies to disclose their climate-related physical and transition risks together with the financial effects. Türkiye's TSRS is aligned with IFRS S2 and integrates the TCFD framework.
Updated: June 2026 · Source: IFRS Foundation (ISSB)
Why IFRS S2 Exists
Investors and financial stakeholders want to see the effect of climate risk on company value in a consistent, comparable way. IFRS S2 answers that need: published by the ISSB (IFRS Foundation), it consolidates climate disclosures into a single international standard.
IFRS S2 takes over and integrates the previously widespread TCFD recommendations; it has become the de facto global baseline for climate disclosure.
Who Does It Apply To?
Companies in jurisdictions that adopt the ISSB standards. In Türkiye, IFRS S2 is applied through TSRS (Türkiye Sustainability Reporting Standards); so organizations within TSRS scope effectively make IFRS S2-aligned disclosures.
What Is Disclosed? Four Pillars
- 01
Governance
How climate-related risks and opportunities are overseen at the board and management level.
- 02
Strategy
The effect of physical and transition risks on the business model, the value chain and the financials; scenario analysis.
- 03
Risk Management
How climate risks are identified, assessed and managed.
- 04
Metrics & Targets
Measuring risks and targets, including greenhouse gas emissions (Scope 1-2-3).
How TSRS, IFRS S2 and TCFD Relate
TCFD established the four-pillar framework for climate disclosure; IFRS S2 took that framework over and turned it into an international standard; TSRS is Türkiye's IFRS S2-aligned national adoption. All three share the same data foundation — and the hardest common point is measuring physical risk with concrete data.
Tarımus Solution
Turn Physical Risk into IFRS S2 Disclosure Input.
Tarımus measures the physical climate risk of your agricultural assets and sourcing regions at parcel scale, in an auditable way, and feeds it directly into your IFRS S2 / TSRS physical-risk disclosures.
- Physical climate risk at parcel scale — acute and chronic
- IPCC-based vulnerability analysis (hazard · exposure · sensitivity · adaptation)
- Parcel-to-portfolio aggregation for a value-chain view
- Historical event intensity and trend profile — input to scenario analysis
- Evidence Vault: every disclosure auditable down to its source
Invitation
Let's Write the Next Chapter of Agriculture Together.
Food company, exporter, bank, insurer, cooperative or ESG advisor — let's talk through a pilot report for your sourcing region or portfolio. We'll listen, and we'll show you.