GreenEarth Ltd., a listed company, is among the entities required to provide sustainability-related disclosures. During the year, the company faced…

Role of the auditor in considering climate-related risks in an audit of financial statements are as follows: The auditor should obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, to report whether the financial statements are prepared and presented fairly, in all material respects, in accordance with the applicable financial reporting framework. The auditor should include the consideration of climate-related risks and how these risks may be relevant to the audits. The auditor's reports must follow the requirements of applicable auditing standards. The auditor's report provides information about auditor's responsibilities and an understanding of the matters of most significance in an audit and how they were addressed. The auditor in his audit report may include Emphasis of Matter paragraph to draw attention to disclosures that are of fundamental importance to users' understanding of the financial statements. The auditor should determine whether the entity has appropriately disclosed relevant climate-related information in the financial statements in accordance with the applicable FRF. The auditor should read the other information for consistency with information disclosed in the financial statements and information that may be publicly communicated to stakeholders outside the financial statements as required under ISA 720 and SA 720, The Auditor's Responsibilities Relating to Other Information.