REISSUED: AUASB Consultation Paper on Assurance over Climate and Other Sustainability Information

Thursday, April 4, 2024

The AUASB has reissued its Consultation Paper on Assurance over Climate and Other Sustainability Information with minor amendments following the announcement on 27 March 2024 that mandatory climate reporting by Group 1 entities will start from years commencing 1 January 2025 (previously years commencing 1 July 2024). A marked-up version is available here.

The Consultation Paper seeks high-level information and feedback to assist the AUASB in:

developing a proposed model for phasing in assurance over mandatory climate information;
finalising its proposal to adopt ISSA 5000 General Requirements for Sustainability Assurance Engagements in Australia; and
developing a possible local pronouncement to supplement the final ISSA 5000 under the Australian reporting framework.

The AUASB invites stakeholders to comment on all or some of the questions in the AUASB Consultation Paper by 3 May 2024 via the AUASB website.

The AUASB reminds stakeholders to also provide feedback by attending one of our Roundtable discussions. Register your attendance by following the relevant link in the table below:

Date	Time	Location	Registration
Thursday, 11 April 2024	9:00 am – 12:00 pm	CA ANZ Sydney (Level 1, 33 Erskine Street, Sydney NSW 2000)	Register here to attend in-person
Monday, 15 April 2024	8:30 am – 12:00 pm	CA ANZ Perth (Level 11, 2 Mill Street, Perth WA 6000)	Register here to attend in-person
Tuesday, 16 April 2024	9:00 am – 12:00 pm	CPA Australia Brisbane (Level 23, 333 Ann Street, Brisbane City QLD 4000)	CANCELLED
Wednesday, 17 April 2024	9:00 am – 12:00 pm	CPA Australia Melbourne (Level 20, 28 Freshwater Place, Southbank VIC 3006)	Register here to attend in-person
Tuesday, 23 April 2024	2:00 pm – 5:00 pm	Virtual via Zoom Videoconference (for those unable to attend one of the above face-to-face roundtables)	Register here to attend virtually

In order for the Roundtables to be effective, the AUASB kindly requests that registered attendees review the Consultation Paper and consider the questions on which the AUASB is seeking responses in advance. Feedback will assist the AUASB in determining whether to develop an Exposure Draft of a proposed pronouncement for further consultation and, if so, what matters should be covered.