How AASB S1 Is Reshaping Sustainability Reporting Standards Across Australian Corporations
As sustainability becomes a core pillar of long-term corporate success, Australia has taken significant steps to align its corporate disclosure requirements with evolving global expectations. One of the most consequential developments is the introduction of AASB S1 , the Australian Accounting Standards Board’s proposed standard for sustainability-related financial disclosures. It is designed to ensure that Australian corporations provide high-quality, consistent, and comparable sustainability-related financial disclosures. In 2025, this initiative is reshaping how corporations approach sustainability from both a compliance and value-generation perspective. What AASB S1 Covers: A Shift Toward Transparency AASB S1 establishes comprehensive disclosure requirements for all sustainability-related risks and opportunities that could reasonably be expected to affect an entity’s cash flows, access to finance, or cost of capital. This reporting standard requires entities to disclose their ...