New webinar series: Building Your Climate Report Register free

Manage Climate Risk Without Reinventing the Wheel

Point A

AASB S2 requires you to identify, assess, and disclose climate-related physical and transition risks across short, medium, and long horizons. Most teams have nothing more than a spreadsheet — and no facilitated process to get the right people in the room.

Point B

NetNada gives you a structured climate risk register for physical and transition risks and runs facilitated workshops with your internal stakeholders. The output is an auditable, AASB S2 / TCFD-aligned risk artefact your board, auditor, and disclosure team can rely on.

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Concrete Benefits

No marketing fluff. Just measurable outcomes you can verify.

Climate Risk Register

A structured register covering both physical risks (acute and chronic — heat, flood, bushfire, sea level, water stress) and transition risks (policy, market, technology, reputation, legal). Each risk is documented with description, time horizon, affected operations, likelihood, impact, and mitigation actions.

Physical + transition coverage

Facilitated Stakeholder Workshops

We run workshops with your internal stakeholders — operations, finance, procurement, HSE, and executive leadership — to surface risks they actually see, validate impact assessments, and assign ownership. The workshop output flows directly into your register.

Multi-function alignment in one session

AASB S2 & TCFD-Aligned Output

Risks are documented in the structure AASB S2 and TCFD expect: identification, assessment, integration into governance, and disclosure-ready narrative. No re-formatting at year-end.

Disclosure-ready by default

Time Horizons Built In

Every risk is assessed across short (0–3 yr), medium (3–10 yr), and long (10+ yr) horizons — exactly as AASB S2 paragraph 10(c) requires. Short-horizon risks feed into operational planning; long-horizon risks feed into strategy and capital allocation.

Short / medium / long horizons

Mitigation & Ownership Tracking

Each risk has a named owner, a mitigation plan, and a review date. The register stays live between reporting cycles instead of being rebuilt from scratch every year.

Owner and review date per risk

Audit-Ready Documentation

Every entry in the register has a workshop record, a methodology note, and a version history. When your auditor asks how a risk was identified or rated, the trail is already there.

Full audit trail per risk

How It Works

Climate risk identification is the part of AASB S2 most teams underestimate. We run a structured process — workshops, register, sign-off — that turns it into a repeatable annual cycle.

1

Scoping Call

We map your operations, sites, and value chain to the risk categories AASB S2 expects. You tell us who in your business needs to be in the room. We build a tailored workshop agenda.

2

Stakeholder Workshop

Facilitated 90-minute to half-day session with your cross-functional team. We walk through physical and transition risk categories, surface risks specific to your operations, and capture impact, likelihood, and time horizon for each.

3

Risk Register Build

Workshop output is loaded into the climate risk register. Each risk gets a description, category, time horizon, impact rating, likelihood, owner, and mitigation actions. Linked back to the operations or sites it affects.

4

Validation & Sign-Off

Risk owners review and confirm their entries. Executive sponsor signs off the consolidated register. The register is versioned so prior-period entries are preserved for comparability.

5

Disclosure Integration

Risks flow into the AASB S2 disclosure narrative — governance, strategy, risk management, metrics. The register becomes the evidence base your auditor tests against.

6

Annual Refresh

We rerun a focused workshop each cycle to add new risks, retire resolved ones, and reassess ratings. The register evolves rather than being rebuilt — which is also how auditors expect it to behave.

Product Features That Do the Heavy Lifting

The AI Report Generator turns your climate risk register into AASB S2 disclosure narrative — governance, strategy, and risk management sections — drawing directly from the register entries. Learn more →

Compliance Deliverables Manager keeps the risk register, mitigation plans, and workshop records in one auditable place across reporting cycles. Learn more →

Frequently Asked Questions

Common questions about this solution

What is the difference between physical risk and transition risk?
Physical risks are direct climate impacts on your operations and assets — acute risks like bushfire, flood, or storm damage, and chronic risks like rising temperatures, sea level rise, or water stress. Transition risks are the risks of moving to a low-carbon economy — policy changes (carbon pricing, mandatory disclosure), market shifts (customer preferences, capital reallocation), technology disruption, reputational damage, and litigation. AASB S2 requires you to identify and assess both.
Who needs to be in the climate risk workshop?
We typically recommend operations or asset management (for physical risk on the ground), finance and treasury (for transition risk on cost of capital and revenue), procurement and supply chain (for upstream exposure), HSE or risk management (for existing risk frameworks), sustainability (for methodology), and an executive sponsor (for sign-off). Smaller organisations can run a tighter session with 4–6 people.
How does the register support AASB S2 disclosure?
AASB S2 paragraphs 25–31 require you to disclose how climate-related risks and opportunities affect your business model, strategy, financial position, and resilience. The register is the evidence base — it documents what risks were identified, how they were assessed, who owns them, and what you're doing about them. The disclosure narrative is generated from the register, so it stays consistent year-on-year.
How often should the risk register be refreshed?
Annually at minimum, in line with your reporting cycle. We recommend a lighter touch refresh quarterly — adding new risks as they emerge, retiring resolved ones, and updating ratings if material changes occur. The register is a living artefact, not a once-a-year deliverable.
Do you also run scenario analysis?
The climate risk register is the input that scenario analysis builds on. AASB S2 requires you to assess resilience under different climate scenarios (typically 1.5°C, 2°C, and 3°C+ pathways). Once your register is built, we can extend the workshop process to walk through how each material risk plays out under each scenario.
Is the workshop included in the platform subscription, or is it a separate engagement?
Workshops are a facilitated service delivered alongside the platform. The platform hosts the register, the audit trail, and the disclosure integration. The workshop is how we get the right people in a room to populate it. Talk to us about scope and pricing during your demo.

Stand Up Your Climate Risk Register

Get a defensible, AASB S2-aligned climate risk register built with your stakeholders — not a spreadsheet you'll rebuild from scratch next year. Book a 30-minute walkthrough.

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