Webinar: Preparing NGER reporters for ASRS – Essential Guide to Mandatory Climate Reporting (to AASB S2)

Past Event

This webinar is designed to help NGER reporters navigate the new ASRS (Australian Sustainability Reporting Standards) and ensure compliance with mandatory climate-related financial disclosures.

Background/Intro:

• Overview of ASRS and AASB S2: Introduction to the mandatory climate-related financial disclosure legislation, explaining why compliance is critical for NGER entities.
• Reporting Thresholds and Timelines: Understand how the reporting thresholds apply specifically to NGER reporters and the timelines for ASRS compliance.

NGER Specifics

• NGER vs ASRS Reporting: Learn the differences between NGER and ASRS requirements, and why you need to report Scope 1 and 2 emissions again under ASRS.
• Expanded Emissions Scope: Explore whether additional emissions, like Scope 3, should be considered and how financial reporting boundaries differ between NGER and ASRS.

Practical Steps for Compliance:

• Aligning Scope and Timing: Learn how to align NGER and ASRS reporting deadlines.
• Assurance and Transparency: Discover assurance requirements and the growing demand for transparent climate risk reporting.
• Managing Climate Risk & Optimising Opportunities: Understand how to handle both transition and physical risks, and leverage strategic opportunities.
• Data Management: Learn the importance of robust data management tools, such as RouteZero, to track emissions and ensure alignment with financial reporting standards.
• Training and Upskilling: Discover how to prepare your team for ASRS compliance, ensuring they understand the broader scope beyond NGER and are equipped to engage stakeholders effectively.

Industry case study with Viva

• Viva’s Approach to ASRS Compliance: Viva’s experiences as an NGER reporter preparing for Mandatory Climate Reporting and work to date with Anthesis assessing climate-related risks and opportunities. 
• Key Takeaways: Challenges, solutions like enhanced data collection and reporting, and the benefits of aligning with the ASRS framework, along with key lessons learned.