Your Climate Disclosure Solution
Confidence. Clarity. Compliance - made simple.
Your Climate Disclosure Solution brings every requirement of AASB S2 into one guided pathway so you know exactly what to do, when to do it, and how to demonstrate that
you've got this.
A single system.
A clear process.
Everything you need for climate reporting - done properly.
Whether you're preparing for mandatory disclosure, responding to supply-chain requests, or simply future-proofing your business, this is your step-by-step roadmap. With templates, data links, a carbon calculator, guidance on governance, and available support through every pillar, Your Climate Disclosure Solution turns a complex new regime into a practical, manageable workflow your auditor will trust.
Assemble Your Team
Gauge The Impact
Assess The Risk
Set Your Baseline
Plan Your Future
Climate is the new safety - it needs to be top if mind in every decision you make. Setting your climate governance management process is an essential requirement of the reporting standard. Work through how you will integrate climate risk analysis, preparedness, and decision-making across all levels of your company, from the board to your management team and other stakeholders. Train everyone who makes decisions and needs to consider them in their everyday roles and embed delivery into KPIs. You will now have identified and engaged the right people who can work together to gauge the impact in Module 2.
Now it is time to take a good look at which parts of your business will be affected. For example, which parts of your supply chain could be materially affected? Are there taxes, emissions trading issues, customer or investor demands in play? Are there areas where you can strategically position yourselves to harness opportunity? You will build the essential framework and gather the foundational data for your climate assessment. You will define your assessment parameters, including time horizons, risk methodology, and scenarios, and gather location-specific climate data. This will set the stage for you to assess your risks and opportunities in Module 3.
What do you need to prepare for, what decisions need to be made, and how does climate change factor into those? With the Earth predicted to warm by 1.5 degrees celsius by 2035. the climate is already changing. We are already seeing increased weather impacts and events. What will happen then? What about a 2.5 degree increase? What does the data say? At this step, you will delve into these issues, guided by the data based on location, to examine the potential impacts. You will finish by distilling the results into your corporate risk matrix and showing how you plan to manage them. As a result, you will be well-positioned to understand the risks and establish a baseline through the work conducted in Module 4.
"What gets measured gets managed - and what gets managed grows", Peter Drucker. In this Module, you will create a baseline from which to measure - this might be reducing a risk, harnessing an opportunity or making a change. It is now time to gather what you have found in Modules 2 and 3 and add some science to it. Where are you excelling? Where are the metrics missing, and how do you obtain the necessary data? Where will additional help or information be necessary? At the end of the day, integrated climate risk and financial reporting will clearly show you how to better prepare you future strategy, considering the biggest piece of the macro environmental we have - the change to the climate to be expected on the planet we live on and the impact of mandatory reductions in carbon emissions. This module will help you plan for the future in Module 5. You will develop and expand in your path to a more financially certain future.
It's time to bring it all together. With your new team all on the same page about what is going to happen, what the risks and opportunities are and how different scenarios will impact your business, now you can determine how you will adjust your business strategy as a result. What is the cost of doing this? The cost of not doing it? Are there material product type changes you need to make? Are new procurement strategies or business models emerging? How can you harness new opportunities in the new world order? In this module, you will distil everything you have done into your business strategy and develop operational and financial plans that mek sense. Remember, the gap between goals and execution are clear KPIs for the future connected to strategy.
Create Your Climate Risk Disclosure
The Australian Government has introduced amendments to Chapter 2M of the Corporations Act 2001 to require companies to disclose climate related impacts to their business, current and future. In doing so, the Australian Accounting Standards Board has implemented its AASB S2 standard, following the rest of the world. This provides a very detailed process that you need to follow if you are a Chapter 2M company. In implementing Mandatory Climate Related Financial Disclosures, Australia has followed suit with countries worldwide who are developing climate disclosures in line with the ISSB's IFRS S2. You Climate Disclosure Solution steps you through these requirements one by one and helps you produce your Climate Risk Financial Disclosure Statement, giving you valuable templates and tools along the way.
Your step by step guide
What is in Your Climate Solution?
USB containing all the templates and tools you will need
Here is your opportunity to demonstrate to your auditor that 'you've got this'.
Show them your preparation and confidence before they start questioning the value of the assets on your balance sheet and whether you're making misleading and deceptive statements about the valuation of your business to investors, financiers, shareholders, or customers. At the end of the day, your business is not worth what you say it is if, in as little as 10 years' time, it is facing uncontrolled and ill-considered risk. Further, investors, shareholders and financiers need to see that you will be harnessing all the opportunities available to you as well. Show them how you've considered all this and are taking it seriously, measuring the changes in your business year on year as the requirements evolve. Add the required disclosures to your financial statements to produce one integrated story of the performance of your business, what you've considered and how you're planning for the future.