ASRS Climate Disclosure Readiness

A leading construction and infrastructure business operating across civil, asphalt, surfacing and infrastructure delivery, sought to prepare for mandatory AASB S2 climate‑related financial disclosures while navigating the complexities of project‑based operations and extensive subcontractor networks. With varying levels of ESG maturity across long‑standing suppliers, the organisation required a practical, construction‑specific approach that strengthened climate and ESG foundations without creating unnecessary administrative burden or disrupting commercial relationships.

Approach

A sector‑specific program was developed to align regulatory readiness with operational practicality, ensuring climate requirements integrated seamlessly into how projects are delivered and governed.

• Defined emissions boundaries across diverse construction activities and business units
• Developed Scope 1, Scope 2 and relevant Scope 3 emissions calculations aligned to ASRS and AASB S2 requirements
• Designed a proportionate, risk‑based approach to supplier and subcontractor engagement, reflecting varied data maturity levels
• Identified and assessed climate‑related physical and transition risks relevant to construction projects and infrastructure assets
• Developed sustainability‑reporting frameworks to support consistent, repeatable and defensible climate disclosures
• Designed governance arrangements aligned to existing project‑delivery processes and corporate oversight structures

Impact

The program enabled the organisation to build scalable, defensible ESG and climate foundations aligned with emerging regulatory obligations, while maintaining strong subcontractor relationships and avoiding unnecessary complexity.

• Clear visibility of emissions across construction and infrastructure operations
• A defensible, repeatable approach to climate‑risk identification, assessment and disclosure
• Governance structures that support ongoing oversight and future reporting cycles
• Increased organisational confidence in readiness for mandatory climate‑related financial reporting

Frequently Asked Questions

What was the goal of this project?

The goal was to help the organisation prepare for mandatory AASB S2 climate-related financial disclosures with a practical approach that suited project-based operations and complex subcontractor networks.

How did the program support climate reporting readiness?

The program defined emissions boundaries, developed Scope 1, Scope 2 and relevant Scope 3 calculations, assessed climate-related risks, and built reporting frameworks and governance structures aligned with ASRS and AASB S2 requirements.

How were suppliers and subcontractors considered in the approach?

A proportionate, risk-based engagement model was developed to reflect different levels of ESG and data maturity across suppliers and subcontractors, helping strengthen reporting readiness without adding unnecessary administrative burden.

What outcomes did Acumentis ESG deliver?

Our team gave the organisation clearer emissions visibility, a repeatable approach to climate risk assessment and disclosure, stronger governance for future reporting cycles, and greater confidence in its readiness for mandatory climate-related financial reporting.