{"id":172749,"date":"2025-01-13T10:20:46","date_gmt":"2025-01-13T02:20:46","guid":{"rendered":"https:\/\/www.curtin.edu.au\/study\/?post_type=pd&#038;p=172749"},"modified":"2025-10-29T12:12:15","modified_gmt":"2025-10-29T04:12:15","slug":"mandatory-climate-reporting","status":"publish","type":"pd","link":"https:\/\/www.curtin.edu.au\/study\/prof-development\/mandatory-climate-reporting\/","title":{"rendered":"Mandatory climate reporting"},"content":{"rendered":"\n<p><strong><em>Risk Assessment, Measurement and Reporting<\/em><\/strong><\/p>\n\n\n\n<p>The sustainability and climate reporting landscape is changing fast. From <strong>1 January 2025<\/strong>, new legislation requires many organisations to include mandatory climate-related financial disclosures in their annual reports.<\/p>\n\n\n\n<p>To help you prepare, this masterclass will build the skills and knowledge needed to comply with these new requirements. It is designed around the <strong>Australian Accounting Standards Board\u2019s (AASB) S1 and S2 sustainability standards<\/strong>, which align with the International Sustainability Standards Board\u2019s global framework.<\/p>\n\n\n\n<p>You\u2019ll gain practical insights into how to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Understand your obligations<\/strong> under the new standards.<\/li>\n\n\n\n<li><strong>Respond effectively<\/strong> to internal and external reporting requirements.<\/li>\n\n\n\n<li><strong>Identify and communicate<\/strong> the risks and opportunities linked to sustainability and climate impacts on financial performance.<\/li>\n<\/ul>\n\n\n\n<p>The program follows the four key reporting pillars of AASB S1 and S2:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Governance<\/strong> \u2013 How your organisation oversees and manages sustainability and climate-related risks and opportunities.<\/li>\n\n\n\n<li><strong>Strategy<\/strong> \u2013 The approaches you use to respond to these risks and opportunities.<\/li>\n\n\n\n<li><strong>Risk management<\/strong> \u2013 The processes for identifying, assessing, prioritising and monitoring risks and opportunities.<\/li>\n\n\n\n<li><strong>Metrics and targets<\/strong> \u2013 How performance is measured, tracked and reported, including progress toward set goals.<\/li>\n<\/ul>\n\n\n<mimas-block \n        block-name=\"accordion\"\n        role=\"complementary\"\n        aria-label=\"Accordion content\"\n        data-segment=\"all\">\n\n                \n\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Learning-outcomes\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Learning-outcomes\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Learning-outcomes\">Learning outcomes<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Learning-outcomes\" aria-hidden=\"true\">\n                    <p>Upon completing the masterclass, participants will be able to:<br \/>\n1. Gain a detailed understanding of the regulatory environment relating to sustainability\/climate-related risks and opportunities and the climate change challenges that have resulted in the need to report and disclose such risks and opportunities;<br \/>\n2. Develop and implement suitable organisational responses to the four main reporting pillars of Governance, Strategy, Risk Management and Metrics and Targets underpinning both S1 and S2;<br \/>\n3. Formulate practical and measurable processes around evidencing the level of organisational resilience around Scenario Analysis, an essential component of S2;<br \/>\n4. Formulate appropriate metrics and targets for reporting and disclosures, particularly around Greenhouse Gas Emissions, calculating carbon footprints and pursuing carbon mitigation strategies; and<br \/>\n5. Developing carbon reporting methodologies incorporating Scope 1, 2 and 3 emissions and decision-making relating to establishing boundaries, setting materiality levels, allocating emissions and identifying primary and secondary data requirements.<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Who-is-the-program-for?\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Who-is-the-program-for?\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Who-is-the-program-for?\">Who is the program for?<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Who-is-the-program-for?\" aria-hidden=\"true\">\n                    <p>This program is designed for leaders and managers heading organisational change responding to newly introduced sustainability and climate-related reporting and disclosure requirements. Importantly, as participants in supply chains as upstream suppliers and\/or downstream customers, organisations will need to provide GHG emissions data to their supply chain partners and therefore develop mechanisms and systems to provide such data.<\/p>\n<p>The program will also be of particular interest to those in management, team leader or senior roles tasked with developing new policies, procedures and operating processes reporting under the four pillars of sustainability reporting in Australia, demonstrating their organisation\u2019s compliance with sustainability and climate-related reporting and disclosures.<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Program-schedule\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Program-schedule\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Program-schedule\">Program schedule<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Program-schedule\" aria-hidden=\"true\">\n                    <p>&nbsp;<\/p>\n<table width=\"643\">\n<tbody>\n<tr style=\"background-color: #8a8686\">\n<td style=\"vertical-align: middle;text-align: center;border-style: inset;border-color: #d1cdcd;background-color: #f5f2f2\">\n<h6><span style=\"font-size: 12pt\"><strong>Time<\/strong><\/span><\/h6>\n<\/td>\n<td style=\"vertical-align: middle;text-align: center;border-style: inset;border-color: #d1cdcd;background-color: #ffffff\">\n<h6><span style=\"font-size: 12pt\"><strong>Title <\/strong><\/span><\/h6>\n<\/td>\n<td style=\"vertical-align: middle;text-align: center;background-color: #f7f7f7;border-style: inset;border-color: #d1cdcd\">\n<h6><span style=\"font-size: 12pt\"><strong>Facilitator<\/strong><\/span><\/h6>\n<\/td>\n<\/tr>\n<tr style=\"background-color: #e3e1e1\">\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #f5f2f2\"><span style=\"font-size: 12pt\">9:00am \u2013 10:30am<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #ffffff\">\n<ul>\n<li><span style=\"font-size: 12pt\">Sustainability and Environment, Social and Governance (ESG)<\/span><\/li>\n<li><span style=\"font-size: 12pt\">Climate Change<\/span><\/li>\n<li><span style=\"font-size: 12pt\">ESG Scope<\/span><\/li>\n<li><span style=\"font-size: 12pt\">Regulatory Changes \u2013 International (IFRS, GRI, TCFD, ISSB) and Australia (AASB, ASRS, AuASB)<\/span><\/li>\n<\/ul>\n<\/td>\n<td style=\"vertical-align: middle;background-color: #e8e3e3;text-align: left;border-style: inset;border-color: #d1cdcd\"><span style=\"font-size: 12pt\">Professor Nigar Sultana<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #f5f2f2\"><span style=\"font-size: 12pt\">10:30am \u2013 11:00am<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #ffffff\"><span style=\"font-size: 12pt\">Morning tea<\/span><\/td>\n<td style=\"vertical-align: middle;background-color: #f7f7f7;text-align: left;border-style: inset;border-color: #d1cdcd\"><\/td>\n<\/tr>\n<tr style=\"background-color: #e3e1e1\">\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #f5f2f2\"><span style=\"font-size: 12pt\">11:00am \u2013 12:30pm<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #ffffff\">\n<ul>\n<li><span style=\"font-size: 12pt\">Australian Sustainability Reporting Standard AASB: S1 General Requirements for Disclosure of Sustainability-related Financial Information<\/span><\/li>\n<li><span style=\"font-size: 12pt\">S2 Climate-related Disclosures<\/span>\n<ul>\n<li><span style=\"font-size: 12pt\">Climate Transition Plan<\/span><\/li>\n<li><span style=\"font-size: 12pt\">Physical and Transition Risks<\/span><\/li>\n<li><span style=\"font-size: 12pt\">Four Pillars of Reporting<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"font-size: 12pt\">Climate-Related Risks and Materiality Assessments<\/span><\/li>\n<\/ul>\n<\/td>\n<td style=\"background-color: #e8e3e3;vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd\"><span style=\"font-size: 12pt\">Professor Nigar Sultana<\/span><\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #f5f2f2\"><span style=\"font-size: 12pt\">12:30pm \u2013 1:15pm<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #ffffff\"><span style=\"font-size: 12pt\">Lunch<\/span><\/td>\n<td style=\"vertical-align: middle;background-color: #f7f7f7;text-align: left;border-style: inset;border-color: #d1cdcd\"><\/td>\n<\/tr>\n<tr style=\"background-color: #e3e1e1\">\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #f5f2f2\"><span style=\"font-size: 12pt\">1:15pm \u2013 2:45pm<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd;background-color: #ffffff\">\n<ul>\n<li><span style=\"font-size: 12pt\">AASB S2 \u2013 Governance<\/span><\/li>\n<li>Scenario Analysis, Resilience and Task Force on Climate-related Financial Disclosures (TCFD) Guidance.<\/li>\n<\/ul>\n<\/td>\n<td style=\"background-color: #e8e3e3;vertical-align: middle;text-align: left;border-style: inset;border-color: #d1cdcd\"><span style=\"font-size: 12pt\">Associate Professor Harj Singh<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;background-color: #f5f2f2;border-style: inset;border-color: #c4c4c4\"><span style=\"font-size: 12pt\">2:45pm \u2013 3:00pm<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;background-color: #ffffff;border-style: inset;border-color: #c4c4c4\"><span style=\"font-size: 12pt\">Afternoon tea<\/span><\/td>\n<td style=\"vertical-align: middle;background-color: #f7f7f7;text-align: left;border-style: inset;border-color: #c4c4c4\"><\/td>\n<\/tr>\n<tr style=\"background-color: #e3e1e1\">\n<td style=\"vertical-align: middle;text-align: left;background-color: #f5f2f2;border-style: inset;border-color: #c4c4c4\"><span style=\"font-size: 12pt\">3:00pm \u2013 4:30pm<\/span><\/td>\n<td style=\"vertical-align: middle;text-align: left;background-color: #ffffff;border-style: inset;border-color: #c4c4c4\">\n<ul>\n<li><span style=\"font-size: 12pt\">AASB S2 \u2013 Metrics and Targets<\/span><\/li>\n<li><span style=\"font-size: 12pt\">Carbon Accounting and Calculation of Carbon Footprint.<\/span><\/li>\n<li><span style=\"font-size: 12pt\">Focusing on the Value Chain Reducing Greenhouse Gas Emissions.<\/span><\/li>\n<\/ul>\n<\/td>\n<td style=\"background-color: #e8e3e3;vertical-align: middle;text-align: left;border-style: inset;border-color: #c4c4c4\"><span style=\"font-size: 12pt\">Associate Professor Harj Singh<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Credit-for-recognised-learning\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Credit-for-recognised-learning\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Credit-for-recognised-learning\">Credit for recognised learning<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Credit-for-recognised-learning\" aria-hidden=\"true\">\n                    <p>When you complete this program you may be eligible to receive up to 5 credit points towards Curtin\u2019s flagship MBA Program.<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n        \n<\/mimas-block>","protected":false},"excerpt":{"rendered":"<p>Risk Assessment, Measurement and Reporting The sustainability and climate reporting landscape is changing fast. From [&hellip;]<\/p>\n","protected":false},"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","wds_primary_pd-categories":0,"footnotes":""},"pd-categories":[],"class_list":["post-172749","pd","type-pd","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pd\/172749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pd"}],"about":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/types\/pd"}],"version-history":[{"count":5,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pd\/172749\/revisions"}],"predecessor-version":[{"id":179105,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pd\/172749\/revisions\/179105"}],"wp:attachment":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/media?parent=172749"}],"wp:term":[{"taxonomy":"pd-categories","embeddable":true,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pd-categories?post=172749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}