Australian Sustainability Reporting Software
AI-Native Reporting for Mandatory AASB S2 Climate Disclosures
Australia’s climate reporting regime is already in implementation. EcoActive helps organizations manage AASB S2 climate-related disclosures through one governed, AI-native environment connecting climate risks, scenarios, GHG emissions, energy, value chain information, metrics, targets, evidence, review, approvals, and reporting.
What Is AASB S2?
AASB S2 Climate-related Disclosures is Australia’s mandatory climate disclosure standard for entities that fall within the sustainability reporting requirements of the Corporations Act. AASB S2 applies to annual reporting periods beginning on or after January 1, 2025, with mandatory reporting phased across three groups. AASB S1, by comparison, is a voluntary standard addressing broader sustainability-related financial information.
Official source: AASB S2 Climate-related Disclosures
Who Must Report Under Australia’s Sustainability Reporting Requirements?
| Group | Corporate Size Test | First Financial Years |
|---|---|---|
| Group 1 | Meets at least 2 of: >A$500m revenue, >A$1bn assets, 500+ employees | Beginning on or after January 1, 2025 |
| Group 2 | Meets at least 2 of: >A$200m revenue, >A$500m assets, 250+ employees | Beginning on or after July 1, 2026 |
| Group 3 | Meets at least 2 of: >A$50m revenue, >A$25m assets, 100+ employees | Beginning on or after July 1, 2027 |
Other qualifying routes also exist, including certain entities subject to NGER requirements and specified asset thresholds. Organizations should use the Corporations Act and current ASIC guidance to determine their specific obligations.
Official source: ASIC sustainability reporting guidance
BASIC REQUIREMENTS
What Does AASB S2 Require?
Governance
Strategy
Risk Management
Metrics and Targets
GHG Emissions
Climate Resilience and Scenario Analysis
AI-Native AASB S2 Reporting
EcoActive uses native AI and Agentic AI to assist with repeatable reporting activities such as prior-period review, information reuse, gap identification, consistency checks, evidence review, disclosure preparation, and workflow coordination. Professional judgment, climate conclusions, review, and final approval remain subject to human control.
Explore EcoActive Agentic AI.
HOW IT WORKS
Manage AASB S2 Reporting in Eight Steps
1. Determine Reporting Scope
Establish reporting group, reporting entity, controlled entities, financial year, reporting boundaries, applicable thresholds, and relevant regulatory requirements.
2. Reuse Existing Information
Start with annual reports, climate disclosures, TCFD reports, risk registers, GHG inventories, energy records, policies, targets, and supporting evidence.
3. Identify Climate-Related Risks and Opportunities
Capture physical and transition risks and connect them to operations, facilities, assets, geographies, business activities, and value chain relationships.
4. Perform Climate Scenario Analysis
Define relevant scenarios and time horizons, document underlying assumptions, assess business exposure, and evaluate resilience. EcoActive keeps scenario sources, parameters, assumptions, results, evidence, and conclusions within a governed workflow.
5. Manage GHG Emissions and Energy Information
Connect emissions information with organizational data, activity data, energy consumption, energy sources, calculation methodology, and supporting evidence.
See Energy Management.
6. Connect Value Chain Information
Scope 3 emissions and climate risk can depend on activities beyond an organization’s own operations. Connect upstream and downstream activities with relevant data, emissions, assumptions, evidence, and disclosures.
7. Validate and Prepare for Assurance
Maintain data ownership, source information, supporting evidence, calculation records, methodologies, assumptions, review comments, approval workflows, version history, and traceable changes.
8. Generate the Sustainability Report
Bring approved climate information and narrative together in a controlled reporting process and retain the structure for subsequent reporting periods.
Why Choose EcoActive for AASB S2 Reporting?
01
End-to-End Climate Reporting
Manage requirements, data, climate risk, emissions, disclosures, review, and final reporting in one process.
02
Climate Scenario Analysis
Connect climate scenarios with physical and transition risks, exposure, assumptions, and resilience conclusions.
03
Emissions Management
Manage Scope 1, Scope 2, and relevant Scope 3 information with supporting methodology and evidence.
04
Value Chain Management
Connect relevant upstream and downstream activity to emissions and climate-related reporting.
05
Energy Management
Maintain energy information alongside emissions and climate metrics.
06
Assurance Readiness
Maintain a traceable reporting record from source information through final disclosure.
07
AI-Native Architecture
Use AI as part of the reporting process while maintaining human oversight.
08
Financial + ESG Disclosure Management
Bring financial and sustainability disclosure processes into one connected environment where appropriate.
09
Reporting Continuity
Reuse approved data, evidence, methodologies, and reporting structures across future periods.
Frequently Asked Questions About Australian Sustainability Reporting
Is climate reporting mandatory in Australia?
Yes. Mandatory climate reporting began for Group 1 entities for financial years beginning on or after January 1, 2025. Group 2 began for financial years beginning on or after July 1, 2026, and Group 3 begins from July 1, 2027.
What standard applies to mandatory climate reporting?
AASB S2 Climate-related Disclosures applies to entities required to prepare sustainability reports under the Corporations Act.
Is AASB S1 mandatory?
No. AASB S1 is a voluntary broader sustainability disclosure standard.
Who is in Group 2?
Under the corporate size test, a Group 2 entity generally meets at least two of these thresholds: more than A$200 million consolidated revenue, more than A$500 million consolidated assets, or 250 or more employees. Other eligibility routes can also apply.
Does AASB S2 require climate scenario analysis?
Yes. Climate-related scenario analysis is used to support the assessment of climate resilience under AASB S2.
Can EcoActive support Scope 3 reporting?
Yes. EcoActive can connect Scope 3 information with underlying value chain activities, source data, methodologies, evidence, review, and disclosure.
Build a Repeatable AASB S2 Reporting Process
reporting together in one AI-native platform.