Demystifying AASB S2: Anticipated financial effects and scenario analysis

Under the Corporations Act, disclosures about climate‑related risks and opportunities are now a mandatory part of many entities’ annual reporting obligations. This includes considerations of the current and anticipated effects of those risks and opportunities on the financial statements, and the climate resilience of an entity’s strategy.

Join Samantha Sing Key and David Pitts as they unpack two of the most commonly misunderstood disclosures in AASB S2’s Strategy section: current and anticipated financial effects and climate-related scenario analysis. 

They’ll discuss:

• The differences between the two disclosure areas
• Common misconceptions in relation to both requirements
• Key observations from the market based on the first AASB S2 disclosures
• Practical ways to approach implementing the requirements