NSRF Reporting Lab: Applying IFRS S1 & S2 in Practice
A practical IFRS S1 and S2 training programme for teams responsible for preparing, reviewing or approving NSRF-aligned sustainability disclosures. Participants assess their existing reporting against the standards, identify material sustainability-related risks and opportunities, allocate responsibilities and develop selected disclosures during the workshop.
- Duration
- 2 days · 14 training hours
- Level
- Intermediate
- Frameworks
- NSRF, IFRS S1, IFRS S2, Bursa Malaysia
- Format
- In-house classroom or live virtual
- Group size
- Up to 20 participants
- HRD Corp
- Claimable for eligible Malaysian employers
- Trainer
- Ong Su Faye, HRD Corp Accredited Trainer
Last updated
- An IFRS S1 and IFRS S2 gap assessment
- A documented materiality and risk-identification process
- A record of applicable NSRF transition reliefs and reporting judgements
- A reporting-responsibility and data-owner map
- Draft disclosures developed during the workshop
- An ESG claims and greenwashing review checklist
- A reporting plan from data collection to board approval
Sustainability report preparers, finance teams, risk managers, internal auditors, company secretaries and managers contributing to IFRS S1 and IFRS S2 disclosures.
Relevant to Bursa Malaysia Main Market and ACE Market issuers, qualifying large non-listed companies and Malaysian subsidiaries contributing to a regional or global sustainability report.
The detailed outline comes as a PDF.
It covers course objectives, learning outcomes and the session-by-session timetable, with the trainer profile and HRD Corp claim guidance. We tailor it to your NSRF group, industry and reporting maturity before it goes to your HR team.
Request the PDF outline→- In-house classroom or live virtual delivery
- Up to 20 participants per session
- Exercises use fictional, anonymised or agreed non-confidential company information
- HRD Corp claimable for eligible Malaysian employers, subject to applicable requirements
- Customised to your industry, NSRF group and reporting maturity
- Participant templates and reference materials included
Ong Su Faye.
Director and Principal Consultant
- HRD Corp Accredited Trainer
- FSA Level II Candidate, Level I (Passed)
- SCR: Sustainability & Climate Risk (GARP)
- CIA: Certified Internal Auditor
- B. Business & Commerce, Monash University
Su Faye has over 10 years of consulting experience in ESG and sustainability advisory, built on foundations in governance, risk management and internal audit. She has led sustainability, risk and internal audit engagements for more than 100 companies across Malaysia, Singapore and the wider region.
Her work spans materiality assessments, ESG data collection and governance processes, and sustainability statements aligned with GRI, ISSB and TCFD. Earlier in her career she worked in external audit with a Big Four accounting firm, which is why every programme ends with evidence an assurance provider can follow.
ESG advisory services →Questions about this programme
When does my company have to report under the NSRF?
It depends on your group. Group 1 (Main Market issuers with market capitalisation of RM2 billion and above) applies IFRS S1 and S2 from financial years beginning 1 January 2025. Group 2 (other Main Market issuers) starts from 2026. Group 3 (ACE Market issuers and non-listed companies with annual revenue of RM2 billion and above) starts from 2027. The programme helps your team confirm its group, first reporting year and the transition reliefs it can apply.
What is the difference between IFRS S1 and IFRS S2?
IFRS S1 sets the general requirements for disclosing sustainability-related risks and opportunities that could affect a company's cash flows, access to finance or cost of capital. IFRS S2 applies those requirements to climate, including greenhouse gas emissions, climate risk and scenario analysis. Both are organised around four pillars: governance, strategy, risk management, and metrics and targets.
Is the NSRF Reporting Lab HRD Corp claimable?
Yes. It runs as two full days of 7 training hours each (14 hours in total), delivered by an HRD Corp Accredited Trainer, and is claimable for eligible Malaysian employers subject to the applicable claim requirements and your available levy.
Can the training use our own sustainability report?
Yes. For private in-house runs, selected exercises can use your existing sustainability report, reporting templates, gap assessments or internal processes, so the gap assessment your team produces is about your company, not a case study.
Get the full outline for NSRF and IFRS S1 & S2 Training.
Tell us your NSRF group, financial year and team size. We reply within 2 working days with the PDF outline, trainer profile and HRD Corp claim guidance.