ASIC’s Sustainability Reporting and Compliance

Get expert help on sustainability reporting, today!

As regulatory expectations and investor demands for climate-related financial disclosures continue to rise, businesses must be prepared to assess, manage, and disclose their climate risks and opportunities in alignment with global and national reporting frameworks. At Impact HQ, we specialise in Climate-Related Financial Disclosure reporting, helping organisations comply with evolving regulatory requirements, including ASIC’s climate risk assessment, ISSB guidance and Task Force on Climate-related Financial Disclosures (TCFD).

Sustainability Reporting standards

The Australian Accounting Standards Board (AASB) has approved its first sustainability reporting standards for Australian entities, covering two critical areas as below:

• AASB S1 General Requirements for Disclosure of Sustainability-related Financial Information (voluntary disclosures)
• AASB S2 Climate-related Disclosures (mandatory disclosures).

Our Services

1. Climate Risk & Opportunity Assessment

• Identification and analysis of physical (extreme weather, rising sea levels, heat stress) and transition (policy changes, market shifts, technological advancements) risks.
• Scenario-based risk modelling for 1.5°C, 2°C, and 3°C etc. warming pathways.
• Quantification of financial exposure to climate related risks and opportunities.

2. Compliance with ASIC’s Climate Risk Disclosure Requirements

• Offering comprehensive template to fulfill the mandated reporting requirements.
• Aligning reporting with ASIC’s guidance on climate risk governance and disclosure.
• Assisting organisations across industries in preparing for Australia’s mandatory climate risk reporting.
• Ensuring disclosures are transparent, meeting investor needs, and legal compliance.

3. TCFD & ISSB-Aligned Reporting Framewwork

• Structuring disclosures based on TCFD’s four pillars:
• Governance – Board and management oversight of climate risks.
• Strategy – Impact of climate risks on business model and financial planning.
• Risk Management – Processes to assess, manage, and mitigate climate risks.
• Metrics & Targets – Setting science-based emissions targets (Scope 1, 2, and 3) and measuring progress.
• Reporting that meets local compliance and global consistency.
• Guidance on climate-related financial statement integration with your consolidated reporting.

4. Industry-Specific Climate Risk Reporting

• Tailored climate risk disclosures for financial services, real estate, infrastructure, manufacturing, transport & logistics, mining, energy, and agriculture.
• Sector-specific modelling of carbon transition risks and resilience planning.

5. Climate Scenario Analysis & Decarbonisation Strategy

• Developing climate scenarios aligned with global climate models (NGFS, IPCC, IEA).
• Evaluating how physical and transition risks impact financial statements, asset valuations, and business strategy.
• Supporting net-zero transition planning and climate resilience strategies.

Why Choose Us?

✔ Expertise in Regulatory Compliance – Stay ahead of ASIC’s mandatory reporting and global disclosure standards.

✔ Data-Driven Insights – Use climate risk models and financial impact assessments to make informed business decisions.

✔ Industry-Specific Solutions – Customised approaches for high-impact sectors.

✔ End-to-End Support – From risk assessment to disclosure reporting and stakeholder engagement

Whether you are preparing for mandatory ASIC climate risk reporting or voluntarily aligning with TCFD and ISSB standards, we can help you build a clear, actionable, and compliant disclosure strategy.

Contact us today to discuss how we can support your climate-related financial disclosure journey.