šŸ“ˆ CSE to Host Free Workshop on Mandatory IFRS Sustainability Standards

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The Colombo Stock Exchange (CSE), alongside the UN SSE, IFC, and IFRS Foundation, will host a free interactive online workshop on corporate sustainability disclosure standards on June 23, 2026, from 1:00 pm to 4:30 pm. • Core Standards: The session covers IFRS S1 (General Requirements) and IFRS S2 (Climate-related Disclosures), designed to set global baselines for capital market reporting. • National Context: Sri Lanka is among the first 17 global jurisdictions to adopt these framework protocols, localizing them as SLFRS S1 and SLFRS S2. • Mandatory Timeline: Implementation follows a phased, size-tailored roadmap between 2025 and 2030 to foster inclusion across businesses: • 2025: The top 100 CSE-listed entities by market capitalization faced mandatory compliance starting January 1, 2025. • 2026: Compliance extended to all listed entities on the CSE Main Board for financial years starting on or after January 1, 2026. • 2027: All listed entities, excluding the Empower Board, must comply for financial years beginning on or after January 1, 2027. • Workshop Scope: Open to the public via CSE website registration. It features a direct Q&A with global standard-setting experts, focusing on governance, risk management, finance, and climate strategy execution to upskill corporate report preparers.

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