NettZero Carbon

Free AASB S2 Reporting Checklist for Australia

Simplify AASB S2 Reporting with Our Downloadable Guide

Australia’s new mandatory climate-related financial disclosure regime introduces clear but complex reporting obligations under ASRS and AASB S2. NettZero’s ASRS Reporting Checklist is designed to help organisations quickly identify what they need to disclose, when it applies, and where gaps may exist across governance, climate risk, emissions, scenario analysis, and transition planning.

This practical checklist breaks ASRS and AASB S2 requirements into clear, actionable reporting items, allowing finance, sustainability, and risk teams to assess readiness without navigating lengthy standards documents.

Why Download the AASB S2 Reporting Checklist?

Provides a clear, structured list of ASRS and AASB S2 disclosure requirements
Helps determine whether your organisation is in-scope and which disclosures apply
Covers governance, strategy, risk management, metrics, targets, and emissions
Supports internal gap analysis and ASRS readiness planning
Designed for Australian regulatory requirements and assurance expectations

Whether you are preparing for your first ASRS reporting cycle or supporting internal planning and governance discussions, this checklist offers a fast, practical way to understand mandatory climate disclosure obligations and prioritise next steps.

Download your free ASRS Reporting Checklist today and take the first step toward confident, compliant climate-related financial reporting in Australia.

Prepare for Mandatory Climate Related Disclosures

Download our AASB S2 Reporting Checklist

Get ready for Australia’s mandatory climate-reporting rules. Download a free ASRS checklist covering AASB S2, emissions inventories, scenario analysis, and audit-ready disclosure requirements.

FAQ: Free AASB S2 / ASRS Climate Disclosure Checklist

What is the AASB S2 checklist?

The AASB S2 checklist is a practical, easy-to-use resource designed to help organisations identify what climate-related disclosures are required under Australia’s mandatory climate reporting regime. It translates the requirements of AASB S2 (aligned with IFRS S2) into a clear checklist covering governance, strategy, risk management, metrics, targets, and emissions.

Who should use this checklist?

This checklist is ideal for:

CFOs and finance teams preparing ASRS disclosures
Sustainability and ESG managers supporting climate reporting
Risk and governance teams integrating climate risk into enterprise frameworks
Directors and executives seeking clarity on reporting obligations
Organisations preparing for first-time mandatory climate disclosure

Does this apply to Australian reporting requirements?

Yes. The checklist is specifically designed for the Australian context and aligns with the Australian Sustainability Reporting Standards (ASRS) and AASB S2 Climate-related Financial Disclosures, as required under the Corporations Act. It reflects Australia’s phased implementation and assurance expectations.

What does the checklist cover?

The checklist includes high-level disclosure requirements across:

Governance of climate-related risks and opportunities
Climate strategy and business impacts
Risk identification, assessment, and management processes
Metrics and targets, including Scope 1, Scope 2, and Scope 3 emissions
Scenario analysis and transition planning (where applicable)

Each section is structured to help teams assess applicability, data availability, and readiness.

Is this a template for a full ASRS report?

No. This is a readiness and scoping checklist, not a reporting template. It is designed to help organisations understand what they need to report and identify gaps before developing a full ASRS-aligned Sustainability Report.

Is this suitable for listed or large entities?

Yes, as a starting point. Listed and large entities can use the checklist to scope obligations and support internal planning, but it should be supplemented with detailed analysis, data collection, and professional advice to meet full ASRS and assurance requirements.