Sustainability reporting and assurance
Mandatory climate reporting is now in place. If you’re unsure whether this new regime applies to your organisation, or how to begin, we’re here to help. We’ll guide you through what’s required and work with you to put the right steps in place, so you can report with confidence.
Does mandatory climate reporting apply to you?
Certain entities are now required to publish an annual sustainability report, including mandatory climate-related disclosures.
Our team is here to help you stay ahead as reporting requirements evolve. Subject to independence considerations, we’ll guide you through gathering the right data, building strong processes and controls, and preparing clear, audit-ready disclosures for your sustainability report. With our support, you can meet regulatory expectations and demonstrate your commitment to transparency and sustainability.
Our services include:
- Training and education on mandatory climate related financial disclosures, including the requirements of AASB S2.
- AASB S2 readiness assessment, including a gap analysis against current practices and a roadmap to compliance.
- Support in identifying and assessing climate related risks and opportunities across operations and the value chain, including physical and transition risks.
- Assistance with drafting climate‑related disclosures in line with AASB S2 requirements, including governance, strategy, risk management, and metrics and targets.
We focus on helping you produce investor-relevant, assurance-ready reports backed by strong data governance to support your strategy, compliance and reporting goals.
As climate-related financial disclosures become mandatory under the Corporations Act 2001, certain companies must ensure their annual reports meet evolving compliance standards. These disclosures require either limited or reasonable assurance, typically provided by your financial statement auditor.
How we help
Assurance readiness
Prepare with confidence. We can provide training, gap analysis, and early-stage assurance procedures to help you identify and address any weaknesses in your systems, controls, or documentation – well before assurance becomes mandatory.
Mandatory assurance
As requirements shift from limited to reasonable assurance, we deliver both levels in line with recognised standards, including ASSA 5000 – General Requirements for Sustainability Assurance Engagements.
Our advisors work alongside clients to make that transition as straightforward as possible, helping them understand emerging requirements, prepare for assurance and strengthen their reporting processes along the way. We provide practical guidance that helps organisations meet their obligations, enhance the quality of their disclosures and build greater trust with stakeholders through transparent and reliable reporting.
Many organisations are still working out where to begin. Our AASB S2 Gap Assessment Tool gives you a clear snapshot of your current readiness and the priorities that matter most.
It’s a fast, practical sense‑check that is equally useful if you’re starting your climate reporting journey or strengthening the foundations you already have.
Following submission, we will be in contact to share your results and provide clear, practical insights on your current position and recommended next steps.
This practical guide provides an overview of the mandatory climate reporting regime, including who is impacted, what needs to be reported, director responsibilities, assurance requirements and how to begin preparing your organisation for compliance. It also looks at broader sustainability considerations and offers practical guidance for middle market businesses.
The guide outlines Australia’s mandatory climate reporting requirements and the Australian Sustainability Reporting Standards (ASRS). It explains which organisations are captured by the legislation, the phased implementation timetable, reporting obligations, key governance and risk management considerations, emissions reporting requirements and assurance obligations. The guide also includes practical questions for boards and senior management to assess their organisation’s readiness for climate-related disclosures.
This guide has been developed to assist boards and directors in discharging their responsibilities in relation to mandatory climate reporting. It translates the requirements of AASB S2 into practical board-level actions across governance, strategy, risk management, and metrics and targets.
It focuses on key board level considerations and practical actions to support effective oversight. Boards should use this guide as a practical reference tool when engaging with management, setting expectations and overseeing preparation for AASB S2 reporting.
This publication presents an illustrative mandatory annual sustainability report of a fictitious company, PP SD Pty Ltd. Developed to support management and boards preparing for mandatory climate reporting, this illustrative report provides a practical example of how AASB S2 disclosures may be presented and structured. It highlights the key components of an AASB S2 report and serves as a practical reference when preparing entity-specific sustainability disclosures.
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