Artículo 3.1. PS 1 Paragraph 3.1

An entity’s management commentary shall provide information that: (a) enhances users’ understanding of the entity’s financial performance and financial position reported in its financial statements; and (b) provides management’s insight into factors, including sustainability-related factors, that could affect the entity’s ability to create value and generate cash flows across all time horizons, including in the long term. Link Management commentary can meet its objective only if the related financial statements are available whenever the management commentary is available, and on the same terms. Paragraph 2.2 requires management commentary to explain how to access the financial statements if they are not part of the same larger report as the management commentary. If an entity prepares sustainability-related financial disclosures and those disclosures are not part of the same larger report as management commentary, paragraph 2.4 requires management commentary to identify those disclosures and explain how to access them.