NettZero Carbon
AASB S2 Metrics and Targets Template
A ready-to-use Excel template that walks you through every mandatory AASB S2 Metrics and Targets disclosure with guidance notes, worked examples, and a clean working version you can hand straight to your finance team.
Build Defensible Climate Metrics and Targets for ASRS Reporting
This AASB S2 Metrics and Targets Template is designed to help organisations structure, document, and communicate the quantitative disclosures required under Australia’s mandatory climate reporting framework. The template demonstrates how climate-related metrics, emissions inventories, targets, and transition measures can be organised into a clear, audit-ready disclosure format aligned with ASRS expectations.
Built around the metrics and targets requirements of AASB S2, the template provides practical examples of how organisations can present Scope 1, Scope 2, and Scope 3 emissions data, track climate-related performance indicators, and disclose transition progress in a way that supports investor confidence and regulatory compliance.
Designed to reflect real-world reporting expectations, this template helps organisations move beyond high-level sustainability statements toward structured, decision-useful climate disclosures linked to governance, risk, and business strategy.
What Is Included?
- A full AASB S2-aligned Metrics and Targets disclosure structure
- Example layouts for Scope 1, Scope 2, and illustrative Scope 3 emissions reporting
- Climate-related KPI and performance tracking examples
- Target-setting and transition planning disclosure examples
- Illustrative emissions intensity and operational metrics
- Guidance on linking metrics and targets to climate risk and strategy
- A professional disclosure structure designed for audit readiness and board reporting
Who Is It For?
This AASB S2 Metrics and Targets Template is designed for:
- CFOs and finance teams preparing mandatory climate disclosures
- Sustainability and ESG leads developing emissions reporting frameworks
- Risk and governance teams supporting ASRS implementation
- Boards and executives seeking clarity on climate performance disclosure expectations
- Organisations preparing for first-time AASB S2 reporting across any sector
Translate Climate Metrics and Targets into Defensible ASRS Disclosures
Download our AASB S2 Metrics & Targets Template
NettZero’s AASB S2 Metrics and Targets Template is designed to help organisations structure clear, defensible, and ASRS-aligned climate performance disclosures. The template demonstrates how emissions reporting, climate-related KPIs, target setting, transition measures, and performance tracking can be presented within a practical disclosure framework aligned to AASB S2 requirements.
Built for finance, sustainability, risk, and governance teams, the template provides practical examples of how Scope 1, Scope 2, and Scope 3 emissions data, operational metrics, emissions intensity measures, and climate targets can be translated into decision-useful disclosures that support investor, regulator, and auditor expectations.
Aligned with Australia’s ASRS requirements and international best practice under IFRS S2, the template provides a practical reference point for organisations seeking to strengthen climate reporting maturity, improve internal reporting processes, and prepare for assurance-ready disclosure. It is designed to help organisations communicate climate performance with greater clarity, consistency, and confidence.
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FAQ
What is an ASRS / AASB S2 climate disclosure report?
An ASRS / AASB S2 climate disclosure report is a sustainability report prepared in accordance with Australia’s mandatory climate-related financial disclosure requirements. It sets out how an organisation governs, identifies, manages, and discloses climate-related risks and opportunities, including emissions, scenario analysis, and transition planning, alongside financial reporting.
Why does ASRS reporting matter in Australia?
Mandatory climate-related financial disclosure is being phased in for large and medium-sized organisations in Australia under the Corporations Act. ASRS reporting aligns Australia with international standards such as IFRS S2 and ISSB, improving transparency, comparability, and decision-useful information for investors, regulators, and other stakeholders.
Is this a real company report?
No. This is an illustrative example only. It is not based on a specific organisation and should not be relied upon as a complete or compliant disclosure for any particular entity. Its purpose is to demonstrate structure, content, and level of detail expected under ASRS and AASB S2.
Can this example help us prepare our own ASRS report?
Yes. While not a template, the example provides a practical reference for structuring disclosures, understanding how different ASRS requirements connect, and identifying the types of data, analysis, and governance processes needed to support compliant reporting.
Can NettZero help us produce our own ASRS report?
Yes. NettZero can support organisations with all or part of the ASRS reporting process from emissions inventories and scenario analysis through to full Sustainability Report preparation and assurance readiness.