Confidently meet Australia’s new climate reporting standards.
From carbon measurement to audit assurance, Trace helps you comply with AASB S2 - fast, affordably, and without spreadsheets.
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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
"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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