Here is how to apply the boundary principles of sustainability reporting

While environmental and operational sustainability initiatives are easier to quantify, social initiatives pose a greater challenge.

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The IFRS sustainability disclosure standards, IFRS S1 (General Requirement for Disclosure of Sustainability-related Financial Information), require organisations to disclose sustainability-related financial information for the same reporting entity as the related financial statements.

Therefore, for an organisation that prepares a group set of financial statements that includes the parent and its subsidiaries, the related sustainability report should cover the exact scope of entities included in the group financial statements.

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Note: The results are not exact but very close to the actual.