Climate-related Disclosures in Small Enterprises: Issues and Reporting Practices

Abstract

Small and medium-sized enterprises (SMEs), which constitute the majority of active businesses in Mongolia, are identified as major contributors to industrial pollution worldwide. As the global focus on green economy and sustainable development intensifies, SMEs are increasingly expected to reduce greenhouse gas (GHG) emissions and disclose climate-related information transparently. This study examines the practical application of international sustainability standards – IFRS S1, IFRS S2, and the SASB standard for professional services – through a case study of a small audit firm. The findings highlight the feasibility of aligning SME sustainability reporting with global frameworks.