This appendix is an integral part of IFRS S1 and has the same authority as the other parts of the Standard.

C1 This Standard requires (see paragraph 57) that in the absence of an IFRS Sustainability Disclosure Standard that specifically applies to a sustainability-related risk or opportunity, an entity shall apply judgement to identify information that:

(a) is relevant to the decision-making of users of general purpose financial reports; and

(b) faithfully represents that sustainability-related risk or opportunity.

C2 In making that judgement, an entity may - to the extent that these sources assist the entity in meeting the objective of this Standard (see paragraphs 1-4) and do not conflict with IFRS Sustainability Disclosure Standards - refer to and consider the applicability of:

(a) the Global Reporting Initiative Standards; and

(b) the European Sustainability Reporting Standards.