Confidently meet Australia’s new climate reporting standards.
From carbon measurement to climate risk & audit assurance Trace helps you comply with ASRS / AASB S2 - fast, affordably, and without spreadsheets.
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Trace is trusted by global businesses:
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5/5 rated
5/5 rated
5/5 rated
Get started with your ASRS readiness
Thousands of businesses will need to comply with ASRS S2 reporting in 2 years. But, you don’t need to do it all now - Trace helps your understand your position and get ready for compliance.
Free ASRS resources to help you upskill & prepare
Just learning about ASRS
The ASRS Strategy On A Page
See what others are doing?
The ASRS Pulse Report 2025
Ready to start implementing
The ASRS Prep pack 2025
Asses your current position
Free ASRS S2 readiness assessment
Mandatory climate disclosures are here
Australia’s ASRS (Australian Sustainability Reporting Standards) require thousands of businesses to disclose climate-related financial risks under AASB S2. If your company has over 100 FTE or $50M+ in revenue or assets, you’ll need to start preparing now.
Trace helps you:
✅ Build audit-ready, finance-aligned climate disclosures
✅ Avoid last-minute reporting bottlenecks
✅ Meet investor, board, and customer expectations confidently
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"I did a lot of due diligence - demos, discovery calls - and we chose Trace because they provided great software, were transparent, and understood the Australian reporting environment.."
Head of Sustainability at Top 500 company
Get a clear
picture of your AASB reporting readiness
Trace’s Readiness Toolkit helps you lay the groundwork for ASRS compliance. You’ll get accurate carbon emissions data, a gap analysis aligned to AASB S2, and a practical decarbonisation plan to move forward with confidence.
✅ Emissions reporting: Scope 1, 2, and 3 emissions, calculated using audited methodologies and local factors
✅ Gap analysis: Identify how your current disclosures stack up against AASB S2 requirements
✅ Decarbonisation plan: Build a realistic decarbonisation roadmap to show progress, not just compliance
Build out your full ASRS-aligned disclosure
Once your baseline is in place, Trace helps you prepare the rest of your ASRS response - including climate risk analysis, scenario planning, and your formal disclosure documentation.
✅ Climate Risk Assessment: Identify, assess and document risks that could affect enterprise value
✅ Scenario Planning: Model financial impacts under different climate futures
✅ Disclosure Templates: Align with AASB S2’s structure and language, ready to publish alongside your financials
Be ready for audit & assurance
Trace makes your climate disclosures defensible, verifiable, and audit-ready. From version control to embedded methodologies, we provide what auditors, boards and regulators expect.
✅ Carbon accounting audit report: Fully reconciled data, clearly documented methods and assumptions
✅ ASRS/AASB S2 assurance support: Help your auditors validate your climate disclosures with ease
Short video
Learn how Paddy Pallin are tackling ASRS S2
✔️ The most critical things you need to do, and when should to start?
✔️ Where are most businesses getting stuck, and how can you avoid the same?
✔️ How to get internal buy-in early and avoid last-minute stress?
✔️ What kind of support you will need, and how to choose the right partner?
Join thousands of businesses preparing for ISSB reporting
✔️ Complete ISSB compliance roadmap, with detailed breakdown
✔️ Strong executive buy in and understanding on the requirements
✔️Ahead of compliance requirements and audit ready reporting frameworks setup
“We’re confident about what’s ahead.”
Group 1 reporter in construction & engineering. With no in-house carbon expertise, they used Trace to complete a full FY24 carbon inventory, run a gap assessment, and prepare a roadmap for compliance - all within weeks.
Simplify Climate Reporting with Trace Today
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There's no such thing as a silly question. We'd be happy to answer any questions you have about Trace, our platform and the process of starting your Net Zero journey.
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