At AISIX Solutions, we are proud to have recently announced a significant leap forward in our commitment to sustainability and regulatory compliance reporting. Building on our robust AI-powered climate risk data sets, we will soon be launching an enterprise-level AI solution designed to ensure full compliance with the newly introduced IFRS S1 and S2 reporting standards, effective since January 2024 and anticipated to be mandatory in Canada in the near future. In March 2024, the CSSB will launch a public consultation to advance the adoption of these sustainability disclosure standards in Canada.
Empowering Sustainability Through Innovation.
The introduction of IFRS S1 and S2 marks a pivotal shift in the landscape of corporate sustainability and climate-related financial reporting. These standards demand a new level of transparency and accountability from businesses, focusing on the disclosure of climate-related risks and opportunities that influence financial performance and prospects.
Navigating the complexities of the newly introduced IFRS S1 and S2 standards will be an intricate journey for many corporations. While these standards represent a vital step forward in our collective pursuit of sustainability and transparency, they also pose rigorous and demanding challenges for compliance. The depth and breadth of the required disclosures, encompassing both climate-related physical risks and transition risks, necessitate a comprehensive understanding and a strategic approach to data management and reporting.
Our new software suite aims to be an answer to this global shift while ensuring corporations can meet these demanding standards with confidence and efficiency. It plans to offer an integrated platform for businesses to manage the complexities of environmental and climate-related financial disclosures effortlessly. By simplifying data gathering, analysis, and reporting workflows, our solution not only ensures compliance with these global standards but also promotes transparency and accountability in environmental stewardship.
Why AISIX Solutions?
Planned Features of Our Solution.
Streamlining Climate Risk Disclosure: Automated Solutions for Corporate Resilience
Automatic Risk reporting
Our platform will enable businesses to establish robust governance processes, controls, and procedures for monitoring, managing, and overseeing climate-related risks and opportunities.
Risk Id & Assessment
Integrate our AI-driven insights into your overall risk management process, ensuring a comprehensive approach to identifying, assessing, prioritizing, and monitoring climate-related risks and opportunities.
performance tracking
Track your progress towards climate-related targets with our advanced analytics, helping your business demonstrate commitment and progress in environmental stewardship.
Join Us on the Journey to Sustainability.
Discover how our enterprise-level solution aims to transform your approach to climate-related financial disclosures. Contact us today to learn more and subscribe below to get on our wait list for the launch of our AI-powered Solution for IFRS S1 and S2 Compliance.