ISSB readiness assessment

For Qatar listed companies and other GCC companies preparing IFRS S1 and S2 reports. The QFMA Governance Code for Listed Companies (2025) requires listed companies to apply ISSB Standards. These 27 questions follow the IFRS S1 and S2 structure, plus the data and assurance work a first report needs. They are not the text of any regulation. Check the QFMA Code and guidance for exact scope and timing.

Governance

The board or a board committee has formal oversight of sustainability and climate risks and opportunities, written into its terms of reference.

Yes Partly No

The board has, or can access, the skills to oversee sustainability matters, and this is documented.

Yes Partly No

Management roles for sustainability and climate are defined, with clear reporting lines to the board.

Yes Partly No

The board considers sustainability risks when it approves strategy, major transactions and the risk appetite.

Yes Partly No

Sustainability or climate targets are linked to executive remuneration or performance reviews.

Yes Partly No

Strategy

You have identified the sustainability and climate risks and opportunities that could affect your prospects, over short, medium and long term horizons you have defined.

Yes Partly No

You can explain how those risks and opportunities affect your business model and value chain.

Yes Partly No

You can describe the current and expected effects on financial position, performance and cash flows.

Yes Partly No

You have run climate scenario analysis, including a scenario consistent with the Paris Agreement, and can describe your resilience.

Yes Partly No

You have a climate transition plan, or a documented decision on whether to set one.

Yes Partly No

Risk management

Sustainability and climate risks are in your risk taxonomy and risk register.

Yes Partly No

You have a documented process to identify, assess and prioritise physical and transition risks.

Yes Partly No

These risks are integrated into enterprise risk management, not run in a separate process.

Yes Partly No

You have a process to identify and monitor sustainability-related opportunities.

Yes Partly No

Metrics and targets

You measure Scope 1 and Scope 2 emissions under the GHG Protocol Corporate Standard.

Yes Partly No

You have screened all 15 Scope 3 categories and measured the material ones.

Yes Partly No

You can report the amount of assets or business activity exposed to transition and physical risks.

Yes Partly No

You track capital deployed towards climate-related opportunities and any internal carbon price.

Yes Partly No

You have set climate targets with a base year, milestones and a way to track progress.

Yes Partly No

You can disclose industry-based metrics relevant to your sector, for example using SASB Standards.

Yes Partly No

Data and controls

Sustainability data has named owners, documented methods and controls similar to financial reporting.

Yes Partly No

You can report sustainability information for the same period and reporting entity as your financial statements.

Yes Partly No

Data from sites, subsidiaries and suppliers flows through a repeatable process, not one-off spreadsheets.

Yes Partly No

You have a reporting calendar that lets sustainability disclosures be published with the annual report.

Yes Partly No

Assurance and readiness

You have assessed readiness for external limited assurance on sustainability disclosures.

Yes Partly No

Internal audit has reviewed, or plans to review, sustainability data and processes.

Yes Partly No

You have run a gap analysis against IFRS S1 and S2 with owners and dates for each gap.

Yes Partly No

Your readiness

Answer the questions and press See my score. Unanswered questions count as No.

Overall

Top gaps

Basis and sources

Scoring: Yes = 2, Partly = 1, No = 0. Each section score is points as a share of the maximum. The overall score weights every question equally. Bands are a Verdaqa assumption: 80% and above Advanced, 50% to 79% Developing, 25% to 49% Early, below 25% Not started. Gaps list No answers first, then Partly.

IFRS Foundation, Jurisdictional profile: Qatar (Governance Code for Listed Companies, Article 11 and Appendix 1.4)
QFMA, Governance Code for Listed Companies (Board Decision No. 5 of 2025)
IFRS Foundation, IFRS S1 General Requirements and IFRS S2 Climate-related Disclosures (June 2023)
GHG Protocol Corporate Standard and Scope 3 Standard

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