1. Eğitim Bilgi Sistemi
  2. İşletme (İngilizce) Bölümü
  3. Sustaınabılıty Reportıng (2026 - 2027)
Ders Adı Kodu Yarıyıl T+U Saat Kredi AKTS
Sustaınabılıty Reportıng ISL 455 7 2 + 0 2 5
Ön Koşul Dersleri
Önerilen Seçmeli Dersler
Dersin Dili İngilizce
Dersin Seviyesi Lisans
Dersin Türü Seçmeli
Dersin Koordinatörü Doç.Dr. ÜMMÜGÜLSÜM ZOR
Dersi Verenler Doç.Dr. ÜMMÜGÜLSÜM ZOR,
Dersin Yardımcıları
Dersin Kategorisi Alanına Uygun Öğretim
Dersin Amacı

This course aims to equip students with the conceptual knowledge and practical skills required to prepare, analyse and critically evaluate sustainability-related financial disclosures in line with IFRS S1 and IFRS S2 and their Turkish equivalents, TSRS 1 and TSRS 2. Following the structure of the IFRS Foundation’s Fundamentals of Sustainability Accounting (FSA) Level I curriculum, the course covers six areas:

  • why investors and other stakeholders demand sustainability information;
  • how materiality is defined across reporting regimes;
  • the architecture of the sustainability information ecosystem;
  • the core content and conceptual foundations of the IFRS Sustainability Disclosure Standards, including industry-based guidance (SASB Standards and SICS);
  • how companies and investors use this information in practice;
  • the role of governance, internal controls and assurance.

 

By the end of the course, students are expected to apply the four-pillar disclosure structure (governance, strategy, risk management, metrics and targets) to real corporate reports and to assess their compliance, decision-usefulness and limitations.
Dersin İçeriği
  • Week 1: Demand for sustainability information; defining sustainability; the historical basis for corporate disclosure
  • Week 2: Materiality as a guiding principle; limitations of financial disclosure and the expanding scope of corporate reporting
  • Week 3: The sustainability information value chain; data providers and ESG ratings; from fragmentation to consolidation of standards and frameworks (GRI, SASB, TCFD, CDSB, IIRC, ISSB)
  • Week 4: Materiality beyond investors: financial materiality (IFRS), impact materiality (GRI) and double materiality (ESRS)
  • Week 5: Sustainability disclosure across jurisdictions: standard-setters and regulators; CSRD/ESRS; TSRS and the KGK scope decision in Türkiye
  • Week 6: The ISSB and IFRS S1 (I): objective, qualitative characteristics of useful information, conceptual foundations
  • Week 7: IFRS S1 (II): core content (governance, strategy, risk management, metrics and targets); sources of guidance; SASB Standards and SICS
  • Week 8: Group project workshop: formation of project groups, selection of companies, and guided preliminary review of FY2024 IFRS S1/S2 (TSRS)-aligned reports against the four disclosure pillars
  • Week 9: IFRS S2 Climate-related Disclosures: climate-related risks and opportunities, climate resilience and scenario analysis, transition plans, Scope 1, 2 and 3 GHG emissions, industry-based metrics, 2025 amendments
  • Week 10: Corporate use: preparing for disclosure, data quality, internal controls, board oversight and third-party assurance (ISSA 5000)
  • Week 11: Investor use (I): investor demand and use of sustainability information in public equities; group presentations
  • Week 12: Investor use (II): corporate fixed income, private markets, index construction and engagement; group presentations
  • Week 13: Group presentations: analysis of IFRS S1/S2 (TSRS)-aligned corporate reports
  • Week 14: Group presentations; course synthesis and review
Özel Koşullar
Sektör Desteği
Destekleyen Firma
Destekleyen Eğitmen
Kalkınma Amaçları
# Ders Öğrenme Çıktıları Öğretim Yöntemleri Ölçme Yöntemleri
1 Explain the factors driving investor and stakeholder demand for sustainability information and the historical evolution of corporate disclosure in global capital markets. Anlatım, Soru-Cevap, Ödev / Evde-Çöz Sınavlar,
2 Compare financial materiality, impact materiality and double materiality as applied in the IFRS Sustainability Disclosure Standards, the GRI Standards and the ESRS. Tartışma, Sözlü Sınavlar,
3 Describe the structure of the sustainability information ecosystem, covering standard-setters, regulators, data providers and assurance providers, and the regulatory framework for sustainability reporting in Türkiye (TSRS) and the EU (CSRD/ESRS). Anlatım, Sözlü Sınavlar, Yazılı Sınavlar (Kısa ve Uzun Yanıtlı),
4 Apply the objective, conceptual foundations and core content requirements of IFRS S1 and IFRS S2 (TSRS 1 and TSRS 2) across the four pillars of governance, strategy, risk management, and metrics and targets. Gösterip Yaptırma, Sözlü Sınavlar, Performans Değerlendirme,
5 Use industry-based guidance (SASB Standards and SICS) and GHG emissions measurement concepts (Scope 1, 2 and 3) to identify relevant sustainability-related risks, opportunities and metrics for a given company. Örnek Olay, Yazılı Sınavlar (Kısa ve Uzun Yanıtlı), Sözlü Sınavlar,
6 Analyse a real corporate sustainability report for compliance with IFRS S1/S2 (TSRS) requirements, and evaluate the role of board oversight, internal controls and third-party assurance in the reliability of reported information. Problem Çözme, Performans Değerlendirme, Ödev / Evde-Çöz Sınavlar,
7 Evaluate how investors use sustainability information in public equities, fixed income and private markets, and critically assess the limitations of sustainability data for decision-making Proje, Ödev / Evde-Çöz Sınavlar, Performans Değerlendirme,
Hafta Ders Konuları Ön Hazırlık
1 Demand for sustainability information; defining sustainability; the historical basis for corporate disclosure
2 Materiality as a guiding principle; limitations of financial disclosure and the expanding scope of corporate reporting
3 The sustainability information value chain; data providers and ESG ratings; from fragmentation to consolidation of standards and frameworks (GRI, SASB, TCFD, CDSB, IIRC, ISSB)
4 Materiality beyond investors: financial materiality (IFRS), impact materiality (GRI) and double materiality (ESRS)
5 Sustainability disclosure across jurisdictions: standard-setters and regulators; CSRD/ESRS; TSRS and the KGK scope decision in Türkiye
6 The ISSB and IFRS S1 (I): objective, qualitative characteristics of useful information, conceptual foundations
7 IFRS S1 (II): core content (governance, strategy, risk management, metrics and targets); sources of guidance; SASB Standards and SICS
8 Group project workshop: formation of project groups, selection of companies, and guided preliminary review of FY2024 IFRS S1/S2 (TSRS)-aligned reports against the four disclosure pillars
9 IFRS S2 Climate-related Disclosures: climate-related risks and opportunities, climate resilience and scenario analysis, transition plans, Scope 1, 2 and 3 GHG emissions, industry-based metrics, 2025 amendments
10 Corporate use: preparing for disclosure, data quality, internal controls, board oversight and third-party assurance (ISSA 5000)
11 : Investor use (I): investor demand and use of sustainability information in public equities; group presentations
12 Investor use (II): corporate fixed income, private markets, index construction and engagement; group presentations
13 Group presentations: analysis of IFRS S1/S2 (TSRS)-aligned corporate reports
14 Group presentations; course synthesis and review
Kaynaklar
Ders Notu

Weekly lecture notes and readings are prepared by the instructor and shared through the university’s learning management system. No single textbook is assigned. The notes follow the FSA Level I curriculum structure and draw on the official texts of IFRS S1, IFRS S2, TSRS 1 and TSRS 2, the relevant SASB Standards and the readings listed under Course Resources. Students are expected to read the assigned standard paragraphs before each session.

 

For group presentations, each group analyses the English-language, ISSB/TSRS-aligned sustainability report of one company for FY2024 against the four disclosure pillars. Year-to-year comparisons are not required.
Ders Kaynakları

Primary standards and regulatory texts

 

  • IFRS Foundation. (2023a). IFRS S1 General requirements for disclosure of sustainability-related financial information. International Sustainability Standards Board.
  • IFRS Foundation. (2023b). IFRS S2 Climate-related disclosures. International Sustainability Standards Board.
  • IFRS Foundation. (2025). Amendments to greenhouse gas emissions disclosures (Amendments to IFRS S2). International Sustainability Standards Board.
  • IFRS Foundation. (2023c). SASB Standards (amended December 2023 to enhance international applicability). International Sustainability Standards Board.
  • IFRS Foundation. (2023d). Fundamentals of Sustainability Accounting (FSA) credential: Level I curriculum outline and learning objectives. IFRS Foundation.
  • Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu [KGK]. (2023). Türkiye Sürdürülebilirlik Raporlama Standardı 1 (TSRS 1) ve TSRS 2. Resmî Gazete, 29.12.2023, No. 32414.
  • KGK. (2026). TSRS uygulama kapsamının belirlenmesinde esas alınan ölçütlere ilişkin eşik değerlerin yeniden belirlenmesine ilişkin Kurul Kararı. Resmî Gazete, 16.01.2026, No. 33139.
  • Task Force on Climate-related Financial Disclosures. (2017). Recommendations of the Task Force on Climate-related Financial Disclosures. Financial Stability Board.
  • Global Reporting Initiative. (2021). GRI 1: Foundation 2021. Global Sustainability Standards Board.
  • European Commission. (2023). Commission Delegated Regulation (EU) 2023/2772 supplementing Directive 2013/34/EU as regards sustainability reporting standards. Official Journal of the European Union. (Simplified revision adopted on 3 July 2026, pending scrutiny.)
  • World Resources Institute & World Business Council for Sustainable Development. (2004). The Greenhouse Gas Protocol: A corporate accounting and reporting standard (Rev. ed.).
  • International Auditing and Assurance Standards Board. (2024). International Standard on Sustainability Assurance 5000: General requirements for sustainability assurance engagements. IFAC.

Supplementary academic readings

 

  • World Commission on Environment and Development. (1987). Our common future. Oxford University Press.
  • Khan, M., Serafeim, G., & Yoon, A. (2016). Corporate sustainability: First evidence on materiality. The Accounting Review, 91(6), 1697–1724.
  • Christensen, H. B., Hail, L., & Leuz, C. (2021). Mandatory CSR and sustainability reporting: Economic analysis and literature review. Review of Accounting Studies, 26(3), 1176–1248.
  • Berg, F., Kölbel, J. F., & Rigobon, R. (2022). Aggregate confusion: The divergence of ESG ratings. Review of Finance, 26(6), 1315–1344.
Sıra Program Çıktıları Katkı Düzeyi
1 2 3 4 5
1 Disiplinindeki temel kavramları ve kuramları bilir. X
2 Disiplinindeki sorunları analiz edip bu sorunlara çözüm önerileri sunacak analitik düşünme becerilerine sahiptir. X
3 Girişimci kişilik özelliklerini tanır ve girişimci kişilik özelliklerini geliştirme fırsatlarını izler.
4 Girişimci ve iç girişimci davranışları tanır, bu davranışları iş fırsatlarını değerlendirmede ve görev yaptığı kurumlarda yeniliği teşvik etmede sergileyebilir.
5 Bilgi teknolojisinin kavramsal bilgisine ve pratik uygulamalarına hâkimdir.
6 Alanına yönelik bilgi teknolojilerini kullanabilir. X
7 Meslek yaşamında insanların ve ekonomilerin gelişimini ve çevrenin iyileştirilmesini sağlayan faaliyetleri tasarlayabilir. X
8 İş yaşamında etik sorunların ve bu sorunların toplumsal ve kurumsal etkilerinin farkında olur. X
9 Sorun çözme süreçlerinde etik sorumluluklarını bilir ve bu süreçlerde etik ilkelere riayet eder. X
# Ders Öğrenme Çıktılarının Program Çıktılarına Katkısı PÇ 1 PÇ 2 PÇ 3 PÇ 4 PÇ 5 PÇ 6 PÇ 7 PÇ 8 PÇ 9
1 Explain the factors driving investor and stakeholder demand for sustainability information and the historical evolution of corporate disclosure in global capital markets. 5 5 5
2 Compare financial materiality, impact materiality and double materiality as applied in the IFRS Sustainability Disclosure Standards, the GRI Standards and the ESRS. 5 5 5
3 Describe the structure of the sustainability information ecosystem, covering standard-setters, regulators, data providers and assurance providers, and the regulatory framework for sustainability reporting in Türkiye (TSRS) and the EU (CSRD/ESRS). 5 5 5 5 5 5
4 Apply the objective, conceptual foundations and core content requirements of IFRS S1 and IFRS S2 (TSRS 1 and TSRS 2) across the four pillars of governance, strategy, risk management, and metrics and targets. 5 5 5 5
5 Use industry-based guidance (SASB Standards and SICS) and GHG emissions measurement concepts (Scope 1, 2 and 3) to identify relevant sustainability-related risks, opportunities and metrics for a given company. 5 5 5 5
6 Analyse a real corporate sustainability report for compliance with IFRS S1/S2 (TSRS) requirements, and evaluate the role of board oversight, internal controls and third-party assurance in the reliability of reported information. 4 4 5 5 5 5
7 Evaluate how investors use sustainability information in public equities, fixed income and private markets, and critically assess the limitations of sustainability data for decision-making 4 5 5 5
Değerlendirme Sistemi
Yarıyıl Çalışmaları Katkı Oranı
1. Performans Görevi (Uygulama) 10
1. Proje / Tasarım 20
1. Performans Görevi (Atölye) 20
1. Ara Sınav 50
Toplam 100
1. Final 100
Toplam 100
AKTS - İş Yükü Etkinlik Sayı Süre (Saat) Toplam İş Yükü (Saat)
Ders Süresi (Sınav haftası dahildir: 16x toplam ders saati) 14 2 28
Sınıf Dışı Ders Çalışma Süresi(Ön çalışma, pekiştirme) 14 5 70
Proje / Tasarım 3 4 12
Performans Görevi (Atölye) 2 4 8
Final 1 6 6
Toplam İş Yükü 124
Toplam İş Yükü / 25 (Saat) 4,96
dersAKTSKredisi 5