AASB S2 compliance is complex. Most mid-market companies aren't ready.

Australia's mandatory climate reporting standard requires companies to disclose across four pillars: governance, strategy, risk management, and metrics & targets. Each requires gathering data that typically lives in different parts of the business — finance, operations, procurement, facilities.

Traditional approaches mean months of consultants, fragmented spreadsheets, and significant cost — all before you've written a single line of your actual disclosure.

Canopy changes that.

The challenge

Three steps to a disclosure-ready report.

Canopy is designed for teams without deep sustainability expertise. You bring your documents — Canopy does the heavy lifting.

1

Upload Your Documents

Upload your existing company documentation — annual reports, board minutes, energy invoices, operational data, supplier contracts, any existing emissions records. Canopy works with the documents you already have.

2

Canopy Analyses & Maps

Canopy reads and analyses your documents, mapping relevant information against each AASB S2 requirement — governance disclosures, climate risks and opportunities, Scope 1, 2, and 3 emissions data, and scenario analysis inputs.

3

Review & Disclose

Canopy generates a structured disclosure draft with clear flags for any gaps or areas needing further input. Review, refine, and export a report built for external assurance and annual report integration.

Everything AASB S2 requires, covered.

Canopy structures your disclosure across all four AASB S2 pillars, producing outputs your auditor can engage with directly.

Governance Disclosures

Board and management oversight of climate risks and opportunities, mapped against your existing governance structures.

Climate Risk & Opportunity Assessment

Identification of material physical and transition climate risks, with structured narrative disclosures for each.

Scope 1, 2 & 3 Emissions

GHG emissions quantification drawn from your operational data, with methodology notes built for limited assurance.

Scenario Analysis Inputs

Climate scenario analysis structured to AASB S2 requirements, with flagged areas where specialist input may strengthen the disclosure.

Targets & Transition Planning

Documentation of climate-related targets, progress metrics, and any transition plan elements required under the standard.

Assurance-Ready Documentation

Your disclosure package is structured for ASSA 5000 limited assurance over Scope 1 & 2 emissions and governance disclosures from year one.

AASB S2
ISSB IFRS S2
TCFD-Aligned
ASSA 5000
Corporations Act 2001

Mid-market Australian companies facing their first AASB S2 report.

Canopy is purpose-built for Group 2 entities — companies with 250 or more employees, $200M or more in revenue, or $500M or more in assets — who are required to report for financial years beginning 1 July 2026.

These are companies that have never produced a climate disclosure before, don't have a dedicated sustainability team, and can't justify the cost of a Big 4 engagement for every disclosure cycle.

Canopy gives you the structure, the rigour, and the output — without the overhead.

Who Canopy serves

When the platform flags a gap, we fill it.

Canopy is designed to handle the vast majority of your disclosure requirements. But AASB S2 includes areas — detailed scenario analysis, complex Scope 3 supply chain mapping, assurance preparation — where specialist expertise adds significant value. When Canopy identifies those areas, Rossignol's advisory team steps in. No retainers. No lock-ins. Just the expertise you need, when you need it.

Be part of building Canopy.

We're onboarding a select group of early-access partners to work with us as Canopy develops. You get early access to the platform, direct input into its design, and a head start on your reporting obligations — before the window closes.