PERTH BREAKFAST FORUM
Navigating the Evolving Landscape of Climate Change and Sustainability Reporting:
Understanding AASB S2 & ASRS Standards and Addressing Legal and Governance Challenges

Arrival

7.00am – 7.25am

Breakfast

7.30am – 8.00am 

Welcome and introductions :

8.00am – 8.10am 

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8.15am – 9.00am 
First Session : Understanding AASB S2 & ASRS Standards

 In this Session, we will focus on providing clear and concise explanations of the AASB S2 and ASRS standards.

 

These standards are essential for environmental and mining companies to meet their reporting obligations and ensure compliance with legal and governance requirements.

 

What You Will Gain:

• Clarity on AASB S2 and ASRS Standards: Understand the key components of both standards and how they relate to your sustainability and climate-related reporting obligations.

• How These Standards Apply to Your Business: Get practical insights on how AASB S2 and ASRS can be integrated into your company's reporting processes.

• Common Pitfalls and Best Practices: Identify potential challenges in meeting the standards and how to avoid common mistakes.

 

Why Attend?

• Get Clear, Actionable Insights: Gain a better understanding of how to interpret and apply these standards in your reporting.

• Ensure Compliance: Stay ahead of evolving reporting requirements and reduce the risk of non-compliance.

• Practical Guidance: Receive clear answers to any questions you have about AASB S2 and ASRS standards.

 

Who Should Attend?

• Environmental and Mining Companies: Particularly those responsible for climate-related disclosures and sustainability reporting.

• Compliance and Legal Officers: Professionals who need clarity on the legal implications of these standards.

• Sustainability and Environmental Managers: Individuals tasked with implementing reporting practices in line with AASB S2 and ASRS.

Second session 9.00am – 11.30am 
Navigating Legal and Governance Challenges in Climate Change and Sustainability Reporting: Empowering Boards, Environmental Officers, and Assurance Practices

This session offers a deep dive into the legal and governance complexities of climate change financial disclosures and sustainability reporting.

With rising regulatory scrutiny and stakeholder demands, companies must integrate robust governance frameworks, manage legal liabilities, and adopt rigorous assurance standards for transparent and credible disclosures.

This comprehensive second Session combines insights on:

•    Climate Governance: The evolving responsibilities of directors and environmental officers in managing climate-related risks and opportunities.
•    Legal Challenges: Potential liabilities arising from ESG missteps and strategies to mitigate risks.
•    Assurance Requirements: Preparing for phased audit obligations and aligning with global sustainability standards.

 

9.00am - 9.45am 
Legal and Governance Challenges in Climate Change Financial Disclosures 

This session explores the intersection of governance, legal accountability, and climate-related reporting.

Governance and Directors’ decisions:
•    The role of boards in integrating climate-related risks into corporate strategy.
•    Role of Environmental Officers in Climate Disclosures
•    Ensuring regulatory compliance and ESG risk management in sectors like mining.
•    Legal repercussions for non-compliance, including regulatory breaches, fraud, and criminal liability.
•    Best practices for ensuring accurate and reliable environmental reporting.

Legal Repercussions and Mitigation:
•    Liabilities under global frameworks and environmental laws.
•    Risks of shareholder lawsuits, securities fraud allegations, and reputational damage.
•    Strategies to strengthen governance and disclosure practices to reduce legal exposure.

Morning tea : 9.45am – 10.00am 

10.05am - 11.00am: 

Audit and Assurance Requirements for Sustainability Reporting 

This session focuses on the phased assurance requirements mandated by Australian and international standards.

Regulatory Pathway:
•    Overview of Australian standards (ASRS) and alignment with IAASB assurance frameworks (including recap) 
•    Implementation timeline: Transitioning from limited assurance in 2025 to full audits by 2030.

Legal Dimensions of Assurance:
•    How assurance mitigates risks of misrepresentation, regulatory enforcement, and investor litigation.
•    Navigating contractual and liability risks with assurance providers.

Governance Integration:
•    Leveraging assurance as a governance tool to enhance the credibility of sustainability disclosures.
•    Ensuring board oversight and alignment with corporate risk management strategies.

Panel  Session with Q & A 

11.00am – 11.30am 

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Close and wrap up 11.30am 

Who should attend?
This session and overall seminar  is designed for professionals across industries responsible for governance, compliance, and sustainability, including:

Directors and Board Members, Environmental Officers and ESG Managers, Risk and Audit Professionals, Regulators and Policymakers:

Mining, Environmental all stakeholders 

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Benefits of Attendance:

•    Gain actionable insights on navigating legal and governance challenges in climate and sustainability reporting.
•    Understand phased assurance requirements and prepare for compliance by 2030.
•    Learn strategies to mitigate risks of litigation, regulatory enforcement, and reputational damage.
•    Enhance stakeholder trust through accurate, auditable, and transparent disclosures.
•    Network with governance leaders, and sustainability professionals.​

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​Certificates of Attendance available on request ​

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