As sustainability and climate-related reporting become increasingly critical, it’s essential for companies, particularly in the environmental and mining sectors, to understand and navigate the complexities of reporting standards.

This breakfast Forum is divided into 2 sessions and will provide clear, concise explanations of AASB S2 and ASRS standards as well as a focus on legal  how to meet reporting obligations, ensure compliance with legal and governance requirements, and address climate-related risks.

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What You Will Gain:

• ​Clarity on AASB S2 & ASRS Standards: Understand the key components of these standards and their application to your reporting processes.

• Navigating Legal and Governance Challenges: Learn how to manage legal liabilities, governance frameworks, and compliance with evolving climate change disclosures.

• Practical Insights  Get actionable guidance on integrating these standards into your company's reporting and avoiding common pitfalls.

• Best Practices: Identify challenges and implement solutions to meet these standards effectively.

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Agenda 

 7.00am – 7.25am

Arrival 

 

7.30am – 8.00am 
Sit Down Breakfast

8.00am – 8.10am 

Welcome and introductions :
 

8.15am – 9.00am 
AASB S2 Explained 

 

The commonly introduced four pillars of AASB S2 and climate disclosure in general; Governance, Strategy, Risk Management, and Metrics and Targets provide report readers with a clear and logical order to process and understand an entity’s climate risk. However, listing and describing these sections does not give new (and perhaps existing) report preparers a good basis for understanding AASB S2 and integrating an understanding of climate-related risks into their company.

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The key to understanding AASB S2 is to centre climate-related risks opportunities (CRROs) and relate them to their potential impacts on the financial performance of a company.

 

These climate disclosures are made alongside a company’s financial statements and exist to complement them.

All other disclosures can then either be understood as a required input to assess a company’s CRROs or as a downstream consequence of a company’s CRROs. Classifying a disclosure into one of these categories helps an AASB S2 report preparer understand why each disclosure is necessary and the signals it sends to financial markets.

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This presentation will use this risk-based conceptual model to explain each of the key components of AASB S2 disclosures with practical examples and important lessons learnt from our experience in an Australian mining context.

 

Key themes will include understanding why AASB S2 has been introduced and identifying the critical considerations and steps in your company’s implementation process.

 

9.00am - 9.45am 

Legal Frameworks and Liabilities in Climate Change Disclosures: Navigating Risks and Responsibilities

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As climate change disclosures become an integral part of corporate governance, organizations face increasing legal pressures to meet transparency and accountability standards.

This session will explore the legal frameworks that govern climate-related disclosures, including the regulatory requirements under Australian and international law, and the potential liabilities for non-compliance.

 

Key discussions will focus on the legal risks associated with inaccurate or misleading climate disclosures, the role of directors in ensuring compliance, and the legal implications of failing to integrate climate risks into business strategies.

 

Attendees will gain valuable insights into best practices for mitigating legal risks, ensuring compliance with evolving regulations, and understanding the legal responsibilities of key corporate officers, including directors and environmental officers. This session will also address emerging trends in climate litigation and provide practical guidance on how to navigate the complex landscape of climate change reporting.

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9.45am - 10.30am 

Panel Session 

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10.30am - 11am 

Close and networking 

 

Who should attend?
Environmental Officers/Managers  ESG Managers, Mining, Risk and Audit Professionals, Regulators ​

 

​Certificates of Attendance will be available on request to acknowledge professional development.​​​​