Volaris to use ISSB transitional exemptions in first NIIF S sustainability report
VLRS•Emissions reporting approach
No prior-year comparatives will be provided in the first year, with no restatement required in the second year.
GHG reporting will use a non-GHG Protocol method, with Scope 3 emissions excluded for the first year.
Timing and scope of disclosure
Disclosure will be published later than the annual financial statements, timed with the next second-quarter interim financial report.
First-year reporting will focus only on climate-related risks and opportunities, using IFRS S2 scope.
First-year ISSB transition reliefs
Controladora Vuela Compañía de Aviación will use first-year IFRS S transition reliefs for its inaugural sustainability report under IFRS S1 and S2.
