AASB S1 |
AASB S2 |
|
Scope & Focus |
All sustainability risks and opportunities, focusing on broad environment, social and governance factors | Climate-related risks and opportunities, focusing on financial impact and business resilience |
Requirement |
Voluntary (except climate-related topics) | Mandatory under Australian climate reporting law |
Topic |
Biodiversity, social impact, water use, supply chain | Climate impact on business model, cash flows, and financing |
Turn AASB reporting into a strategic advantage
Meet AASB standards with confidence and exceed expectations. Our platform transforms compliance from a cost center into a growth engine for your business.
One framework. Infinite reporting potential.
Built to create a global baseline for sustainability disclosure, the Australian Accounting Standards are designed to help companies provide decision-useful, investor-focused sustainability information—clearly, consistently, and comparably.
Master your AASB reporting
Sustainability is a data and a network problem. At Sweep, we streamline and automate data collection in even the most complex organizations to help you measure and manage your scope 1, 2 and 3 emissions.
Full AASB coverage
Full AASB (IFRS S1/S2) and SASB coverage: 250+ indicators
Pre-configured modules
Pre-configured reporting templates, aligned to IFRS taxonomy
Data collection
Efficient data collection via API, files, surveys, and integrations
Collect once
use everywhere
use everywhere
Use the same data across your other disclosures: CSRD, SEC, SB 253, GRI and beyond
Reach your sustainability goals
Built for global standards
We help you report across AASB (IFRS S1/S2), GRI, CSRD, and other major standards — all from one ESG data platform.
AI-powered disclosure support
Map indicators, validate data, and generate reporting drafts with the help of intelligent automation.
Pre-configured AASB modules
Use pre-built AASB disclosure libraries and guidance to ensure accurate, complete reports.
Built for audits
Keep track of your data and who can access it, so everything is clear, secure, and easy to check when needed.
See how Sweep can help your company comply to the AASB.
Built-in compliance
Sweep supports the most important ESG frameworks — now and into the future.
🎯 Use your data once, and apply it everywhere.
A world-class solution with global recognition
Sweep has been recognized as a top carbon and ESG reporting platform by independent analysts worldwide.
IDC MarketScape: Worldwide Carbon Accounting and Management Applications Vendor Assessment (2024)
IDC MarketScape positions Sweep as a leader in worldwide sustainability and carbon management software, recognizing us for:
⭐ Robust, AI-driven data management
⭐ Data security and ingestion
⭐ Advanced analytics for informed decision-making
Verdantix's Smart Innovators: ESG & Sustainability Reporting And Data Management Software (2025)
Sweep received “strong” or “market-leading” rankings across all 10 evaluation criteria, including:
⭐ ESG data acquisition
⭐ Organizational structure management
⭐ Sustainability performance management
IDC MarketScape 2025 for Sustainability Management Platforms (2025)
This recognition highlights Sweep’s leadership in carbon accounting and as a full ESG data management platform, positioning it as a comprehensive sustainability solution, structured around three core pillars: Track, Disclose, Act.
Key highlights from the IDC report:
⭐ Leading on data management
⭐ Goal-setting & ROI modeling
⭐ Supplier engagement at scale
⭐ Double materiality & IRO tools
We believe Sweep is the top ESG data solution. Our customers think so too.
“A person with the patience of an angel would have to send hundreds of emails and organize meeting after meeting to get the relevant data, then manually enter it into Excel spreadsheets. This quickly becomes confusing, especially when you work with thousands of suppliers“
Res Witschi
Delegate for Sustainable Digitalization
“Caudalie chose Sweep partly because the tool allowed both to calculate the annual carbon footprint of the company, but also to report specifically on all the efforts made by product, by department, by different more specific categories.“
Angélique Vacher
Sustainable Development Manager
“Sweep provides a centralized, structured, and user-friendly platform for all our climate and nature data – it’s our definitive source of truth. This eliminates discrepancies regarding data accuracy, allowing us to confidently and instantly share information with external stakeholders.“
Rhys Williams
Sustainability Manager
Book a demo
Discover how Sweep can support your business in a 30-minute demo.
FAQ
What is the AASB?
The Australian Accounting Standards Board (AASB) is the government body responsible for developing, issuing and maintaining financial reporting standards in Australia. The AASB’s role extends to both private and public sector entities, with a focus on promoting consistency, transparency and comparability across financial and sustainability reporting. The Assurance Standards Board (AUASB) works alongside the AASB to set assurance requirements for sustainability and climate disclosures.
What is the AASB S1?
AASB S1 is a voluntary standard that outlines the general principles and overarching requirements for disclosing sustainability-related financial information. It aligns closely with the International Sustainability Standards Board’s IFRS S1 and serves as the foundation for entities wanting to provide comprehensive general sustainability disclosures beyond climate.
What is the AASB S2?
AASB S2 is the mandatory standard that focuses specifically on climate-related disclosures. Based on IFRS S2, AASB S2 requires entities to report on governance, strategy, risk management, and metrics and targets related to climate change.
AASB S2 requires each entity to disclose information about climate related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, access to finance, or cost of capital over the short, medium or long term.
How ESG software can help comply AASB?
A well-chosen platform can help reduce administrative burden, improve accuracy, and ensure your disclosures meet regulatory expectations with features such as:
– Data integration: Centralising emissions, energy, and climate risk data from across your business
– Scenario analysis tools: Running climate models aligned with required standards
– Workflow automation: Simplifying the preparation of sustainability reports
– Audit readiness: Creating traceable records and audit trails
– Stakeholder engagement: Providing dashboards and reports for investors, regulators, and internal teams
