IFRS S1 for Banking with Workday: Data Integration 2026
IFRS S1 establishes general requirements for BMV and BIVA-listed issuers to disclose material information about sustainability-related risks and opportunities in their annual reports. CNBV made it mandatory starting January 2025, with the first report covering FY2025 data due in 2026. IFRS S1 acts as the umbrella standard that complements IFRS S2 on climate-specific matters.
Workday is exceptionally strong in social and governance data — the S and G pillars of ESG — but has no physical operations modules, so environmental data (emissions, water, waste) must be complemented from other sources. Climatta uses the Workday REST API to automatically extract the 12 NIS B-1 social indicators and combines them with environmental data from complementary sources, giving financial and services corporates a complete solution without forcing Workday data outside its domain.
Data Already in Your Workday
Your Workday already has most of the data IFRS S1 requires. Climatta extracts it automatically without manual work.
| IFRS S1 Requirement | Workday Module | Available |
|---|---|---|
| Identification and disclosure of all sustainability-related risks and opportunities material to the enterprise | HCM (Human Capital Management) | ✅ |
| Description of board and management oversight of sustainability risks | Financials | ✅ |
| Scenario analysis to assess strategy resilience under different sustainability futures | Prism Analytics | ✅ |
| Description of processes for identifying, assessing, and managing sustainability risks integrated into corporate governance | Payroll | ⚠️ |
| Disclosure of metrics and targets used to manage and monitor material risks and opportunities | Adaptive Planning | ⚠️ |
Complete social indicators for NIS B-1: exact headcount, voluntary and involuntary turnover, accident rate, and absenteeism from HCM
Gender pay gap and compensation equity by hierarchical level from Payroll for the IBSO equity indicator
Training hours per employee and category from HCM Learning for the human capital development indicator
Consolidated financial data from Financials and Adaptive Planning for ESG intensity normalization by revenue
Why Excel from Workday Will Not Pass the 2027 Assurance
No audit trail: the auditor cannot trace the data back to its source in Workday
Formula error risk: one miscalculated cell invalidates the entire report
No change history: impossible to demonstrate data integrity over time
Workday → Excel → report = 3 manual transformations with no governance control
How Climatta Connects with Workday
Workday is exceptionally strong in social and governance data — the S and G pillars of ESG — but has no physical operations modules, so environmental data (emissions, water, waste) must be complemented from other sources. Climatta uses the Workday REST API to automatically extract the 12 NIS B-1 social indicators and combines them with environmental data from complementary sources, giving financial and services corporates a complete solution without forcing Workday data outside its domain.
Secure connection to Workday
Climatta connects to Workday via API or certified connector, installing nothing on your server.
Automatic module mapping
Modules HCM (Human Capital Management) and Financials are automatically mapped to IFRS S1 indicators, with no manual configuration.
Report ready for assurance
Complete report in CNBV/CINIF format with traceability of every data point back to Workday. The auditor has the evidence they need.
4 benefits of connecting Workday with Climatta
Time
From weeks to hours in IFRS S1 data collection from Workday
Risk
Full traceability: every data point audited back to its source in Workday
Auditability
Immutable change history — the 2027 auditor approves it
Cost
No integration consultancy needed: Climatta connects to Workday in 2 weeks
FAQ — Workday + IFRS S1
We connect with your Workday in 2 weeks. No manual integration.
Over 50 Banking companies already report IFRS S1 automatically with Climatta.