Sri Lanka Pioneers Global Sustainability Reporting with New SLFRS S1 & S2 Framework 📈

• The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has launched a "Preparers’ Guide to SLFRS S1 and S2" and a course to implement new sustainability reporting standards across the country. • This decisive action positions Sri Lanka as one of the first jurisdictions globally, and among the first in South Asia, to formally adopt and implement the International Sustainability Standards Board (ISSB) standards. • The new framework (SLFRS S1 & S2) mandates that companies disclose how Environmental, Social, and Governance (ESG) factors impact their financial performance and future prospects. • This strategic adoption is designed to attract sustainable investment and bolster long-term economic resilience by signaling a robust national commitment to transparent and reliable reporting to international markets. • CA Sri Lanka, as the sole standard-setting body, is providing a Sri Lanka-centric resource guide and a "Certified Sustainability Reporting and Strategy Adviser Course" to ensure effective and expert-led implementation.