ISSB Climate Disclosures Without the Audit Risk

Point A

Australian mandatory climate reporting (AASB S2) requires Scope 1, 2, and 3 emissions, climate risk scenarios, and transition plans—all audited. CFOs face personal liability for material misstatements with penalties up to $1.1M.

Point B

NetNada generates ISSB/AASB S2-compliant disclosures from your existing financial data. Full audit trail for every emission figure. Our customers complete climate disclosures in weeks, not months.

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Concrete Benefits

No marketing fluff. Just measurable outcomes you can verify.

AASB S2 Disclosure Templates

Pre-built templates matching AASB S2 requirements exactly. Governance, strategy, risk management, and metrics/targets sections auto-populated from your emissions data and risk assessments.

100% AASB S2 aligned

Audit-Ready Data Trail

Every emission calculation includes source documentation, emission factors, methodology notes, and calculation workings. Auditors verify in hours, not weeks. Reduces assurance costs by 30-50%.

30-50% lower audit costs

Scope 3 Estimation with Confidence

ISSB allows estimation methods for Scope 3 where primary data isn't available. Our AI provides spend-based calculations with uncertainty ranges—exactly what auditors need to sign off.

Uncertainty ranges included

Climate Scenario Analysis

ISSB requires scenario analysis for climate risks. We provide 1.5°C, 2°C, and 4°C pathway scenarios with sector-specific physical and transition risk impacts for your business.

3 climate scenarios built-in

Transition Plan Framework

Document your decarbonisation strategy in the format ISSB expects: targets, timelines, capital allocation, governance oversight. Links to your actual reduction initiatives.

Transition plan generator

Multi-Year Comparatives

ISSB requires comparative data. Platform maintains historical baselines, handles methodology changes, and generates year-over-year comparisons automatically.

Historical data preserved

How It Works

From raw financial data to audited climate disclosure in your annual report. We've built the workflow Australian CFOs actually need.

1

Connect Your Financial Data

Integrate with Xero, MYOB, or upload ledger exports. Our AI categorises transactions into emission-relevant activities. You validate. No manual spreadsheet work.

2

Calculate All Emission Scopes

Scope 1 (direct combustion), Scope 2 (electricity—both location and market-based), and Scope 3 (supply chain, travel, waste). Uses latest NGA factors and industry benchmarks.

3

Complete Climate Risk Assessment

Guided assessment of physical risks (extreme weather, sea level) and transition risks (carbon pricing, technology shifts). Links to your specific operations and locations.

4

Run Scenario Analysis

Model business impacts under different climate futures. ISSB requires resilience assessment—our scenarios show revenue/cost impacts under 1.5°C vs 4°C pathways.

5

Generate AASB S2 Disclosures

Auto-generate governance, strategy, risk management, and metrics sections. Platform pulls data from your emissions calculations and risk assessments. You edit narrative, approve numbers.

6

Prepare Audit Pack

Export complete evidence pack for your auditor: calculation workbooks, source documents, methodology notes, variance explanations. Designed for limited or reasonable assurance.

Product Features That Do the Heavy Lifting

Our AI Report Generator produces AASB S2-structured climate disclosures, pulling live data from your emissions calculations—no copy-paste errors. Learn more →

Real-Time Carbon Tracking gives you monthly emissions updates, so you're never surprised by year-end numbers during audit season. Learn more →

Real-World Results

How companies in your industry use NetNada to solve specific problems.

ASX-Listed Property Company (Group 1)

Challenge

First mandatory climate disclosure due June 2026. Board concerned about audit risk given new requirements. No internal sustainability team.

Solution

NetNada calculated emissions across 45 properties, completed climate risk assessment (physical: flood, heat; transition: building standards), and generated AASB S2 disclosure pack. External auditor completed limited assurance in 3 weeks.

Disclosure completed 4 months ahead of deadline

Mid-Cap Manufacturer (Group 2)

Challenge

Complex supply chain with 200+ suppliers. Worried about Scope 3 calculation accuracy and auditor pushback on estimation methods.

Solution

Used NetNada spend-based analysis for Scope 3 categories, with documented uncertainty ranges. Primary data collected from top 20 suppliers (covering 70% of emissions). Auditor approved methodology.

Scope 3 completed with auditor sign-off

Private Equity Portfolio Company

Challenge

PE owner requiring portfolio companies to align with ISSB ahead of regulation. Multiple entities with different accounting systems.

Solution

Deployed NetNada across 5 portfolio companies. Standardised methodology for group-level consolidation. PE firm gets aggregated emissions dashboard plus individual entity disclosures.

Group-level ISSB alignment achieved

What Customers Say

"Our auditor initially quoted 8 weeks for climate disclosure assurance. NetNada's audit pack documentation was so comprehensive they finished in 2 weeks. The CFO was relieved—and so was my team."

Finance Director

Finance Director

Zip Co

Frequently Asked Questions

Common questions about this solution

What is ISSB IFRS S2 and how does it relate to AASB S2?
ISSB IFRS S2 is the global baseline for climate disclosures issued by the International Sustainability Standards Board. Australia adopted it as AASB S2 with local modifications, making it mandatory for large companies from January 2025. Group 1 (>$500M revenue) reports first, followed by Group 2 and 3.
When do Australian companies need to comply with AASB S2?
Group 1 (revenue >$500M or assets >$1B or >500 employees): Financial years starting on or after 1 January 2025. Group 2 (revenue >$200M or assets >$500M or >250 employees): From 1 July 2026. Group 3 (revenue >$50M or assets >$25M or >100 employees): From 1 July 2027.
What emissions scopes does AASB S2 require?
All three scopes: Scope 1 (direct), Scope 2 (purchased energy), and Scope 3 (value chain). However, Group 1 companies get a 12-month deferral for Scope 3. You must disclose Scope 3 from year 2 onwards. NetNada calculates all scopes from day one so you're prepared.
What level of assurance is required?
Initially, limited assurance is required for Scope 1 and 2 emissions. This escalates to reasonable assurance over time. Scope 3 starts with no assurance requirement, moving to limited assurance. NetNada produces audit packs suitable for both assurance levels.
Can directors be personally liable for climate disclosure errors?
Yes. Under the legislation, directors can face civil penalties for misleading climate disclosures. However, a 'safe harbour' applies for Scope 3 and scenario analysis if you acted in good faith with reasonable methodology. NetNada documents your methodology to support safe harbour claims.
How does NetNada handle climate scenario analysis?
We provide pre-built scenarios (1.5°C, 2°C, 4°C warming) with sector-specific physical and transition risk impacts. You customize for your specific operations, locations, and assets. The output meets AASB S2 requirements for resilience assessment.
Do I need to report if my company is private?
AASB S2 applies based on size thresholds, not public listing. Large private companies meeting Group 1, 2, or 3 criteria must comply. Additionally, private companies in large supply chains may need to provide emissions data to customers who are reporting.
What's the penalty for non-compliance with AASB S2?
Penalties align with existing Corporations Act provisions for misleading financial statements. For individuals: up to $1.1M and/or imprisonment. For companies: up to $5.55M. More likely than penalties is audit qualification—which creates market and financing issues.

Prepare Your ISSB Climate Disclosures with Confidence

Australian mandatory climate reporting is here. Get audit-ready emissions data, climate risk analysis, and AASB S2 disclosure documents—all from one platform.

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