In recent years, increasing concerns regarding the implications of climate change and associated environmental risks on global financial stability have led both investors and stakeholders to demand more comprehensive disclosures on how economic entities impact the environment and climate. Also, the climate-related risks influence their operational sustainability and future cash flow generation. This study aims to investigate the effect of climate change disclosures according to IFRS-S2 on the going concern status of Iraqi listed banks. The research involves a sample of 30 banks listed on the Iraq Stock Exchange from 2018 to 2023.

The study employed an analytical survey method combined with a binary scoring approach to evaluate banks' climate change disclosures in alignment with IFRS-S2, by examining their annual reports, suitability reports and published policies. The banks' going concern status was assessed using the amended to banks Altman Z-score model. Linear regression analysis was utilised to assess the relationship between climate change disclosures and going concern status.

The findings demonstrate that climate-related disclosure compliance explains approximately 4% of the variability in banks' going concern status. The most significant positive impact on banks' going concern was found in strategies that align with IFRS-S2, particularly those integrating climate risks and opportunities into business practices. In contrast, disclosures related to metrics and targets under IFRS-S2 showed no significant impact on banks' going concern, primarily due to limited and inadequate disclosure regarding metrics and targets among the sampled banks.