This is the sixth webinar in our series of deep dives, where we guide you through the fundamentals of preparing for Mandatory Climate-related Reporting and the Australian Sustainability Reporting Standards (ASRS) AASB S1 and S2.

This webinar explored ‘Practical Reporting Strategies for ASRS: Building Transparency and Credibility’:

• Practical tips on reporting:
  • Who are the users of general-purpose financial reports?
  • Considerations for a dry-run 1 year ahead, including the engagement with your internal and external audit team.
  • Data requirements for metrics and current financial effects of climate-related risks and opportunities, including examples.
  • Integration with Financial Reporting.
• Disclosure Framework: The length of the sustainability report, the project plan to prepare the report and the structure of the climate statement within the annual reporting package.
• Prepare for success:
  • Engagement with the board, internal and external auditors and regulators
  • Investor relations

This is the fifth webinar in our series of monthly deep dives, where we guide you through the fundamentals of preparing for Mandatory Climate-related Reporting and the Australian Sustainability Reporting Standards (ASRS) AASB S1 and S2.

Join us on February 5th 2025 for a session on Defining Materiality, where we’ll explore how understanding climate risks and opportunities can financially impact your business decisions and overall performance.

Overview

• Understanding Financial Materiality in Climate Reporting: What it means and how it impacts business decisions.
• Evaluating the Financial Impact of Climate Risks: How to assess and quantify climate-related risks and opportunities.
• Aligning Financial Materiality with ASRS and AASB S2: Best practices for compliance with reporting standards.
• Deciding What to Disclose: Key factors for determining which climate risks are financially material.

Past Event

This webinar is designed to help NGER reporters navigate the new ASRS (Australian Sustainability Reporting Standards) and ensure compliance with mandatory climate-related financial disclosures.

Background/Intro:

• Overview of ASRS and AASB S2: Introduction to the mandatory climate-related financial disclosure legislation, explaining why compliance is critical for NGER entities.
• Reporting Thresholds and Timelines: Understand how the reporting thresholds apply specifically to NGER reporters and the timelines for ASRS compliance.

NGER Specifics

• NGER vs ASRS Reporting: Learn the differences between NGER and ASRS requirements, and why you need to report Scope 1 and 2 emissions again under ASRS.
• Expanded Emissions Scope: Explore whether additional emissions, like Scope 3, should be considered and how financial reporting boundaries differ between NGER and ASRS.

Practical Steps for Compliance:

• Aligning Scope and Timing: Learn how to align NGER and ASRS reporting deadlines.
• Assurance and Transparency: Discover assurance requirements and the growing demand for transparent climate risk reporting.
• Managing Climate Risk & Optimising Opportunities: Understand how to handle both transition and physical risks, and leverage strategic opportunities.
• Data Management: Learn the importance of robust data management tools, such as RouteZero, to track emissions and ensure alignment with financial reporting standards.
• Training and Upskilling: Discover how to prepare your team for ASRS compliance, ensuring they understand the broader scope beyond NGER and are equipped to engage stakeholders effectively.

Industry case study with Viva

• Viva’s Approach to ASRS Compliance: Viva’s experiences as an NGER reporter preparing for Mandatory Climate Reporting and work to date with Anthesis assessing climate-related risks and opportunities. 
• Key Takeaways: Challenges, solutions like enhanced data collection and reporting, and the benefits of aligning with the ASRS framework, along with key lessons learned.

Past Event

This is the fourth webinar in our series of monthly deep dives, where we guide you through the fundamentals of preparing for Mandatory Climate-related Reporting and the Australian Sustainability Reporting Standards (ASRS) AASB S1 and S2.

This session covers the fundamentals of Climate Transition Planning. 

Overview of Climate Transition Planning for ASRS

• How mandatory requirements apply to climate transition plans
• Emerging regulatory expectations for climate transition plans in Australia and globally
• Reporting frameworks for integrating credible decarbonisation plans, climate risk and opportunity and real economic impact 
• How to get started, what steps to take now and what you need to include

Past Event

This is the third webinar in our series of monthly deep dives, where we guide you through the fundamentals of preparing for Mandatory Climate-related Reporting and the Australian Sustainability Reporting Standards (ASRS).

This covers practical tips for assessing and reporting your organisation’s Scope 3 emissions in line with the ASRS requirements including: