Unpacking Australian Sustainability Reporting – What’s really required?

This guide is structured as follows:

• Section 1 is focused on the legislative requirements of sustainability reporting under the Corporations Act. This includes explaining the interaction of the legislation, the sustainability reporting standard issued by the AASB, and the sustainability assurance standards to be issued by the AUASB.
• Section 2 is focused on the disclosure requirements of the new standard AASB S2 Climate-related Disclosures. The guidance contains an overview of the disclosure requirements of each of the four pillars of disclosure: Governance, Strategy, Risk Management, and Metrics & Targets. It also includes an explanation of the Australian specific Appendix D to AASB S2, which contains general requirements for the disclosure of climate-related financial information. Accompanying each section are:
  • visual aids for each disclosure pillar;
  • a list of the main disclosures; and
  • questions to consider in preparation for reporting.
• Section 3 outlines suggested steps to prepare for sustainability reporting, using an illustrative example company.

**Terms & Conditions: This guidebook is subject to change and will be updated to reflect new legislation and associated disclosure requirements. Please refer back to this page to ensure you have the most recent version. This guide book was last updated on Tuesday 17 September 2024.