AASB S2 requires organisations to assess the resilience of their strategy using climate scenario analysis, and the Corporations Act specifies at least two scenarios: one consistent with 1.5°C of warming and one well exceeding 2°C. ReGen designs and conducts scenario analysis matched to each organisation’s exposure and capability, drawing on recognised scenario sets from the IPCC, IEA and NGFS, and translates the results into clear findings for the board and the report.

• Select and tailor scenarios, time horizons and key assumptions
• Assess how physical and transition drivers affect operations, assets and markets under each scenario
• Assess the resilience of strategy and business model
• Draft Strategy pillar disclosures on climate resilience

A climate materiality assessment establishes which climate-related matters are material to the organisation and its investors, and sets the scope for everything that follows. For Group 3 entities, it also determines whether the organisation has material climate-related risks or opportunities to report.

• Assess the materiality of climate-related matters to the organisation
• Identify which Scope 3 categories are material across the value chain
• Document the basis for Group 3 materiality conclusions

The Governance pillar requires organisations to disclose how the board and management oversee climate-related risks and opportunities. ReGen designs governance arrangements that stand up to disclosure and assurance, and gives directors the understanding they need to make the directors’ declaration with confidence.

• Review board and committee charters, delegations and reporting lines for climate oversight
• Define management roles, controls and procedures for climate-related risks and opportunities
• Assess board skills and competencies relating to climate
• Draft Governance pillar disclosures

ReGen identifies the physical risks, transition risks and opportunities that climate change presents across an organisation’s operations and value chain, then assesses and prioritises them through a structured climate change risk assessment. Results are integrated into the existing enterprise risk framework so climate risk is managed alongside every other business risk.

• Identify acute and chronic physical risks across sites, assets and supply chains
• Identify transition risks and opportunities across policy, legal, technology, market and reputation
• Assess likelihood, consequence and time horizon using the organisation’s enterprise risk matrix
• Integrate climate risk into risk registers, management processes and board reporting
• Draft Risk Management pillar disclosures

AASB S2 requires organisations to assess the resilience of their strategy using climate scenario analysis, and the Corporations Act specifies at least two scenarios: one consistent with 1.5°C of warming and one well exceeding 2°C. ReGen designs and conducts scenario analysis matched to each organisation’s exposure and capability, drawing on recognised scenario sets from the IPCC, IEA and NGFS, and translates the results into clear findings for the board and the report.

• Select and tailor scenarios, time horizons and key assumptions
• Assess how physical and transition drivers affect operations, assets and markets under each scenario
• Assess the resilience of strategy and business model
• Draft Strategy pillar disclosures on climate resilience

An accurate, defensible carbon inventory is the bedrock of any AASB S2 report. ReGen calculates Scope 1, 2 and 3 greenhouse gas emissions in line with the GHG Protocol and NGER methods, using Australian emission factors and location-based Scope 2 reporting as required under AASB S2.

• Set organisational and operational boundaries
• Calculate Scope 1 and Scope 2 emissions from the first reporting year
• Build out material Scope 3 categories across the value chain ahead of year two obligations
• Track emissions monthly or quarterly against targets

Partner offering with eco-shaper for automated carbon calculation

Scope 3 emissions are the most significant data challenge for most Australian organisations preparing their first AASB S2 report. ReGen partners with eco-shaper, an AI-powered sustainability reporting platform, to automate the collection and calculation of emissions data. eco-shaper is GHG Protocol compliant, applies audited algorithms and regionalised Australian emission factors, and uses zero-touch data automation and supply chain engagement tools to capture Scope 3 data at scale. ReGen oversees the inventory, reviews the outputs and carries the results through to disclosure.

Assurance applies from the first reporting year, so the data behind every disclosure needs to be complete, traceable and controlled. ReGen designs the data management systems and documentation that auditors will test.

• Design data collection processes, ownership and internal controls
• Prepare the basis of preparation documenting boundaries, methods, assumptions and estimates
• Build an evidence file that supports limited and reasonable assurance

With a clear emissions baseline and risk picture in place, ReGen turns the analysis into practical plans grounded in how an organisation operates and what is achievable within its context. This work supports the Strategy and Metrics and Targets pillars of AASB S2.

• Emissions reduction strategies and decarbonisation plans inclusive of quantitative / qualitative goals / targets
• Net zero plans with interim and long-term targets
• Climate transition plans that set out how the organisation will adapt its strategy and business model
• Emissions projections and pathway modelling

AASB S2 reports must integrate with the financial reporting cycle, meet specific disclosure requirements under the standard, and be accompanied by a directors’ declaration. ReGen prepares the sustainability report itself, bringing the governance, risk, scenario, emissions and transition work together into one report structured across all four pillars, and supports the organisation through assurance review.