Consultant Column

Writing sustainability reports is no longer out of reach for SMEs. Sustaihub partnered with the Food & Beverage ESG Promotion Association to offer a 12-hour hands-on course, combined with the Syber Sustainability Management System, helping food and beverage SMEs complete their first sustainability report from scratch.

Learn ESG disclosure best practices from real consulting experience, and discover how digital tools can dramatically improve efficiency!

IFRS sustainability disclosure standards are gradually coming into effect. For companies, implementing IFRS S1 S2 is no easy task. To help companies respond smoothly, regulatory authorities have launched the 'IFRS Sustainability Disclosure Standards Implementation Plan.' So how should this implementation plan be promoted? What preparations should companies make at different stages? This article will guide you through the core points of the IFRS sustainability disclosure standards implementation plan in the clearest and most practical way.

IFRS released sustainability disclosure standards S1 'General Requirements for Disclosure of Sustainability-related Financial Information' and S2 'Climate-related Disclosures' in June 2023. Taiwan will implement these in three phases starting from 2027, with full application to all listed companies by 2029 (reporting 2028 information). This article provides an in-depth analysis of the key differences between current sustainability report frameworks and IFRS S1/S2, along with alignment strategies and available resources to help enterprises successfully implement IFRS sustainability disclosure standards.

At the 2025 ESG Summit hosted by the Accounting Research and Development Foundation last month, "Digital Sustainability" became a focal point of discussion. XBRL was mentioned multiple times, becoming one of the key focuses across various sessions. Many experts believe that XBRL adoption helps improve report transparency and data comparability. As global requirements for sustainability information quality become increasingly stringent, XBRL has been regarded as a key trend in future sustainability reporting development. This article will further explain the basic concepts of XBRL and explore how it drives the digital transformation of sustainability information, accelerating ESG tool applications and improving disclosure efficiency.

Common challenges most companies face when preparing sustainability reports include: insufficient internal manpower, scattered cross-departmental data that's difficult to integrate, and low efficiency in report editing. Syber Sustainability Management System combines ESG × AI and is now available for "free use," helping significantly reduce the labor costs of ESG operations and quickly responding to report preparation challenges.

Taiwan listed companies must complete ESG reporting annually. However, if errors are found after ESG information has been submitted and not corrected in time, companies may face fines of up to NT$1 million and reputational crisis. This article provides a complete analysis from penalties to the ESG information correction application process, helping ESG officers understand everything at once and reduce potential legal and reputational risks.