Australia’s new climate disclosure requirements are now in effect, with the Australian Sustainability Reporting Standards (ASRS) setting the framework for consistent, mandatory sustainability reporting. At the centre of these is AASB S2, Australia’s version of the international IFRS S2 standard, which outlines how companies must disclose climate-related risks, opportunities, and greenhouse gas emissions.
These standards are issued by the Australian Accounting Standards Board (AASB) and apply to large and listed entities, with reporting obligations phased in from 1 July 2024. AASB S2 covers everything from emissions boundaries and transition plans to financial impacts and scenario analysis. But navigating the detail can be time-consuming. That’s why we created this free Australian Sustainability Reporting Q&A Agent.
Designed to answer plain-language questions about AASB S2, the tool provides clear summaries and direct links to relevant sections of the standard. If you’re preparing your first disclosures or fine-tuning your reporting approach, this tool helps you get straight to the point, without spending hours digging through regulatory text.
AASB S2, based on the ISSB’s IFRS S2 climate-related disclosures, introduces mandatory climate reporting for many Australian companies. But like most regulatory documents, the language can be complex, and it’s not always clear where to find the exact information you need. That’s where our free Q&A agent comes in.
Our tool allows you to type a plain-language question about the standards and get a clear, concise answer instantly. Behind the scenes, it references the official documentation to summarise key requirements, definitions, and compliance obligations. It also includes direct links to the relevant pages of the standards, so users can double-check the source or explore further as needed.
AASB S2 has clear links to the Greenhouse Gas Protocol, particularly in its requirements around Scope 1, Scope 2, and Scope 3 emissions reporting. Our Q&A agent keeps this in mind, offering responses that reflect both the wording of the AASB standard and the real-world frameworks companies are already using.
This makes it a helpful bridge between international best practices and emerging local regulations. For organisations already measuring emissions under the GHG Protocol, the tool helps confirm where those efforts align with Australia’s regulatory expectations, and where gaps might remain.
You can start using the Q&A agent today at asrs-qna.avarni.co. There’s no sign-up required and no cost, just type your question and get a concise, referenced answer straight from the standard.
As Australia enters its first reporting period under ASRS, tools like this can help simplify compliance and reduce the burden on internal teams. At Avarni, we’re committed to making sustainability reporting more accessible and less time-consuming.
Contact us today to learn how we can help you navigate your ASRS compliance requirements.