As the mandatory requirement for sustainability reporting draws close in Kenya and specific countries in East Africa start to apply the IFRS sustainability disclosure standards (IFRS S1 and IFRS S2) from this year, addressing data challenges across most organisations will become a regular feature of the adoption process.
The new disclosure requirements introduced by the standards involve capturing, processing, and analysing different data sets related to sustainability. These disclosure requirements are not only novel but also require skills and capabilities that are often lacking.
