TSRS 1 requires disclosures under the headings of governance, strategy, risk management, and metrics and targets. The sustainability report should cover the same reporting period as the financial statements and be connected to them.
Related terms
Turkish Sustainability Reporting Standards (TSRS)The standards issued by the POA on the basis of the ISSB standards for companies' reporting of sustainability-related financial information.TSRS 2The standard setting out the disclosure requirements for climate-related risks and opportunities.MaterialityA misstatement being large enough, individually or together with others, to influence the economic decisions of users of the financial statements.Carbon Border Adjustment Mechanism (CBAM)An EU regulation that puts a price on the embedded carbon emissions in the production of certain goods imported into the European Union.Carbon footprintThe total greenhouse gas emissions caused by an organisation, product or activity, expressed in carbon dioxide equivalent (tCO₂e).Climate-related risksThe potential effects on a company's financial position of physical risks arising from climate change and transition risks arising from the shift to a low-carbon economy.
Last updated: October 22, 2026 · This definition is for general information only.