IFRS S1 and S2 Compliance
The ISSB’s sustainability disclosure standards are becoming the global baseline for investor-grade reporting. Enistic helps you produce IFRS S1 and S2 disclosures that stand up to scrutiny, without building a reporting function from scratch.
Why IFRS S1 and S2 Matter
IFRS S1 covers general sustainability-related financial disclosures, while IFRS S2 focuses specifically on climate-related risks and opportunities.
Together they’re being adopted or referenced by regulators worldwide as the standard for investor-facing sustainability reporting.
- Investors and lenders increasingly expect IFRS-aligned disclosures alongside financial statements.
- S2 requires Scope 1, 2 and 3 emissions data plus climate risk scenario analysis.
- Jurisdictions are progressively mandating or referencing ISSB standards.
- Boards need governance and strategy disclosures, not just emissions numbers.
Why choose Enistic
We combine AI-enabled software with real expertise to help organisations cut through the complexity of carbon reporting and sustainability planning. With Enistic, you get more than just a platform, you get a partner. We’re trusted by over 300 businesses to deliver accurate data, clear insights, and tailored support that makes a real difference. Whether you’re aiming for compliance, Net Zero, or better stakeholder engagement, we’re here to help you get there without the jargon, and without the hassle.
Measure
Baseline emissions are a record of the greenhouse gases that have been produced in the past and are the reference point against which emission reductions can be measured.
Aims and targets
Targets allow you to judge whether the plans you made to reduce your carbon emissions are working, and whether the reductions achieved are meaningful.
Reduce
Select best carbon reduction projects for you and your business, based on your values, the cost, and likely payback time.
Track
Track your carbon emissions to reflect the changes and compare how well you are doing against the targets.
Offset
Offset schemes work by paying volunteers, companies or charities to do things which ‘negate’ your carbon emissions, for example, planting trees.
Certify
Certification is a valuable process that provides checks and balances for the sector.
Book a demo
Talk to our team to:
- Explore how Enistic is effectively used by companies to track, analyse, and report their carbon emissions.
- Discover seamless methods for data gathering and integrating Enistic into your team's daily workflow with minimal disruption.
- Seek custom solutions and receive tailored support.
- Explore pricing options suitable for your company and your needs.
How it works with us
Enistic makes the process clear, compliant, and hassle-free.
Gap Assessment
We review what you already report against the full IFRS S1 and S2 requirements.
Data Collection
Enistic AI gathers emissions, governance and risk data across the business.
Climate Risk Analysis
We help structure scenario analysis and risk disclosures required under S2.
Sign-off and Reporting
Your named consultant reviews the full disclosure before its finalised.
Frequently asked questions – IFRS
What is the difference between IFRS S1 and S2?
IFRS S1 covers general sustainability-related financial disclosures, setting out how sustainability risks and opportunities affect an organisation’s prospects. IFRS S2 focuses specifically on climate-related disclosures, including emissions data and climate risk. Most organisations need to report against both together.
Is IFRS S1 and S2 reporting mandatory?
Requirements vary by jurisdiction. Some regulators have already mandated ISSB-aligned disclosures, while others reference the standards as best practice or are phasing them in. Even where it isn’t yet mandatory, investors and lenders are increasingly expecting it as the baseline for credible sustainability reporting.
What data do I need for IFRS S2?
IFRS S2 requires Scope 1, 2 and 3 emissions data, alongside climate-related risk and opportunity disclosures and scenario analysis. Enistic calculates the full emissions picture and helps structure the risk and governance disclosures that sit alongside it.
How is this different from our existing carbon reporting?
IFRS S1 and S2 go beyond a carbon footprint. They require governance, strategy, and risk management disclosures in addition to emissions data, structured around the ISSB’s four pillars. Enistic builds on emissions data you may already have and organises it into a format that meets the full standard.
Can Enistic support us if we're new to IFRS reporting?
Yes. We start with a gap assessment against the full IFRS S1 and S2 requirements, then your named consultant guides you through what’s missing, from data collection through to sign-off, so you’re not building a reporting function from scratch.
Frequently asked questions - Enistic
Who are you?
We are Enistic Limited, based in Oxford, UK. Since 2002, we have been producing carbon accounting software to help businesses reduce their carbon footprint and adopt more sustainable business practices. We focus on helping larger companies comply with different sustainability reporting requirements and fight climate change. We are stable, profitable, and growing.
Most of the clients we deal with are still with us almost a decade after they started using us, so we must be doing something right!
Does your system handle Scope 3?
Yes. Enistic handles all Scope 1, Scope 2, and Scope 3 sections of the Greenhouse Gas Protocol (“GHG Protocol”).
Can I generate legally compliant reports from the Enistic system?
Yes. We have produced and filed over 5,000 fully compliant legal reports. The system is tried and tested and 3 of the Big 4 accountancies have audited the reports over the past few years.
What standards does the Enistic software comply with?
The Enistic software is heavily standards based and complies with most standards that you will need in day to day use. This includes: ESRD, ISSB, IFRS S2, CSRD, ESOS, SECR, Science-Based Targets, GHG Corporate Accounting Standard, PPN 006, GHG Corporate Accounting Standard Including Value Chain, ISO15804, ISO1404, ISO20121, BS:EN 16274, and ISO5002.
Is the system available in languages other than English?
The Enistic software is available in English, French, German, Italian, Spanish, and Simplified Chinese. If you need another language, please contact us to discuss.
How many factors are built into the system?
Enistic maintain a large database of UK and EU government approved conversion factors. There are over 40,000 factors built in, including in the software that cover fuel types, vehicle types, energy types, product composition, raw materials, and company annual emissions. Factors are updated promptly if annual updates are issued by the relevant authorities.
Are you on Social Media and/or any other channels?
Yes, we have a YouTube channel aimed at sustainability professionals called the Carbon College. You can also find us on LinkedIn.
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Book a demo
Talk to our team to:
- Explore how Enistic is effectively used by companies to track, analyse, and report their carbon emissions.
- Discover seamless methods for data gathering and integrating Enistic into your team's daily workflow with minimal disruption.
- Seek custom solutions and receive tailored support.
- Explore pricing options suitable for your company and your needs.