
What are the IFRS Sustainability Disclosure Standards?
1 min
Level
In this article we’ll explore what the IFRS Foundation is, why it created IFRS S1 and S2, and what the standards require from companies.
A fossil fuel is a natural fuel, such as coal, gas, or oil – and is formed from the Earth’s crust. Fossil fuels are extracted and used to be burned as fuel: such as for a train powered by coal. Fossil fuels are also used to provide heat or generate electricity.
