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AASB S2 Alignment

This page provides a detailed view of how AtlasCore's data outputs align with AASB S2 requirements, including explicit documentation of gaps.

Compliance matrix

PillarParagraphsAtlasCore coverageStatus
GovernanceAus5.1–Aus10.1Not covered — requires entity-authored narrativePlaceholder
Strategy — Climate risks and opportunitiesAus11.1–Aus14.1Physical risk indicators from BOM SILO; transition context from NGER/AEMOContext-only
Strategy — Business model and value chainAus15.1–Aus18.1Not covered — entity-specific analysisPlaceholder
Strategy — Financial planningAus19.1Not covered — entity-specific projectionsPlaceholder
Strategy — Climate resilience / scenariosAus20.1–Aus22.1CMIP6 projection support (RCP 2.6/4.5/8.5, 2030/2050/2070) when data ingestedContext-only
Risk ManagementAus25.1–Aus27.1Data-sourced risk identification from government sources plus transition risk scoringData-supported
Metrics — GHG emissionsAus29.1–Aus30.1Full Scope 1 and 2 NGA factors; Scope 3 screening estimates for key categoriesData-supported
Metrics — Climate-related metricsAus31.1–Aus32.1Grid intensity, physical risk indicatorsPartial
TargetsAus33.1–Aus34.1Tenant-authored target storage and progress trackingData-supported

Explicit gaps

The following areas are not covered by AtlasCore and require entity-specific input:

  1. Governance narrative — board oversight, management roles, internal climate processes
  2. Strategy narrative — business model impact, value chain analysis, financial planning
  3. Scenario analysis — CMIP6 projection support exists but requires ingested projection data to populate
  4. Scope 3 disclosure-grade totals — screening-grade estimates available for key categories; company-specific Scope 3 measurement required for disclosure
  5. Filing and submission — AtlasCore produces disclosure inputs, not regulatory filings
  6. Legal sufficiency — framework coverage is descriptive, not a determination of filing readiness

Framework versions

AtlasCore tracks multiple AASB S2 versions:

Version IDLabelStatus
aasb_s2_2024AASB S2 September 2024Default, operative from 1 January 2025
aasb_s2_2025_amendedAASB S2 December 2025 amendedSupported, operative from 1 January 2027

The framework registry is versioned and pack-owned. Coverage statuses are resolved at query time from the pack context.

Assurance alignment

AtlasCore's evidence infrastructure supports assurance under:

StandardSupport
ISSA 5000Evidence hashing, provenance trails, checksums
ASSA 5000Same as ISSA 5000 (Australian adoption)
ASSA 5010Assurance workbook mode with engagement metadata

Key assurance features:

  • Deterministic outputs (same inputs = same results)
  • Per-value evidence hashes (SHA-256)
  • Five-file evidence bundles on every report
  • Amendment tracking for factor set changes
  • Stable evidence_hash on framework registry versions
info

AtlasCore provides data infrastructure for AASB S2 reporting. It is not a substitute for professional accounting, legal, or assurance advice. Entities should consult qualified advisors for their specific obligations.