MANDATORY SUSTAINABILITY READINESS ASSESSMENT
The Institute of Certified Public Accountants of Kenya (ICPAK) acknowledges and appreciates all Public Interest Entities (PIEs) that successfully completed the Mandatory Sustainability Readiness Assessment within the stipulated timelines, including the extended deadline of 31st July 2026. The successful completion of the assessment demonstrates the commitment of these entities to strengthening their sustainability reporting capabilities and preparing for the implementation of the IFRS Sustainability Disclosure Standards, IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures). Following the conclusion of the assessment period, ICPAK hereby publishes the final list of Public Interest Entities that successfully completed the Mandatory Sustainability Readiness Assessment through the ICPAK Sustainability Gap Analysis Tool. The list below comprises entities whose assessments were successfully submitted by the extended deadline of 31st July 2026.
PIEs that did not complete the Mandatory Sustainability Readiness Assessment within the stipulated timelines are noted as having outstanding compliance with the assessment requirement. Such entities are expected to take the necessary measures to address the outstanding requirement and to ensure that they are adequately prepared for the implementation of the applicable sustainability reporting requirements. ICPAK further reminds all PIEs that the readiness assessment is a mandatory component of the transition towards sustainability reporting within the Kenyan jurisdiction as outlined in the Roadmap for Adoption of IFRS Sustainability Disclosure Standards in Kenya. Entities are expected to maintain appropriate documentation, systems, processes and internal controls to support the preparation of sustainability-related financial disclosures. This will be particularly important as sustainability reporting progresses towards the required assurance requirements. The completion of the readiness assessment should be regarded as an important preparatory step and does not, in itself, constitute compliance with the substantive reporting requirements of IFRS S1 and IFRS S2. PIEs remain responsible for taking the necessary steps to achieve and maintain readiness for the applicable reporting and assurance requirements. ICPAK will continue to provide guidance and capacity-building support to PIEs as Kenya progresses towards the implementation of the IFRS Sustainability Disclosure Standards. Final List of Compliant PIEs
