The global accounting standard adopted by 140+ countries prioritizing fair-value transparency and investor information.
International Financial Reporting Standards (IFRS) provide a unified financial reporting language for public and enterprise companies. In carbon accounting, IFRS governs intangible assets (IAS 38), environmental provisions (IAS 37), inventories of tradable credits (IAS 2), and corporate climate disclosures (IFRS S2).
Governs the consolidated international balance sheet for TrustedTrucks participants. Verified carbon insets held for surrender are recognized as intangible assets under IAS 38, while market-traded certificates are evaluated at IFRS 13 Level 2 fair value.
Net Environmental Position = Fair Value of Verified Insets (IAS 38) - Present Value of Carbon Debt Obligations (IAS 37). Disclosed in accordance with IFRS S2 climate risk guidelines.
IFRS fair-value appreciation cannot be used to satisfy German statutory capital maintenance requirements under standalone HGB accounts.