RMIT University
Sustainability and climate-related financial reporting: ISSB, AASB and beyond
- Delivery: Online
- Course Type: Short Course
- Total Price: $1,600
Acquire the necessary knowledge for sustainability and climate-related financial reporting through this self-paced and online course.
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Course overview
With the introduction of the International Sustainability Standards Board’s IFRS S1 and IFRS S2 (ISSB), and the Australian Accounting Standards Board's (AASB) S1 and S2, organisations are under increasing pressure to respond to and act on new reporting mandates. These standards require companies to consider the impact of climate-related and sustainability risks and opportunities on financial performance, both now and in the future. They are designed to create consistency, transparency and accountability in climate-related reporting.
This course, designed by Deloitte and RMIT Online, equips students to identify risks, uncover opportunities and develop strategies that address financial and climate sustainability challenges. It prepares learners to navigate a changing landscape by building a strong foundation for understanding and working with evolving sustainability and climate-related standards.
This course has been developed to align with the four key pillars of the climate and sustainability standards:
- Governance: the governance processes, controls and procedures the entity uses to monitor and manage sustainability-related risks and opportunities.
- Strategy: the approach the entity uses to manage sustainability-related risks and opportunities.
- Risk management: the processes the entity uses to identify, assess, prioritise and monitor sustainability-related risks and opportunities.
- Metrics and targets: the entity’s performance in relation to sustainability-related risks and opportunities, including progress towards any targets the entity has set or is required to meet by law or regulation.
Key facts
What you will study
Materiality, risks and opportunities and strategic responses
- Explain how material issues interrelate with financial and other business objectives and influence business decision-making.
- Identify the material sustainability and climate risks and opportunities across your organisation's business model and value chain.
- Analyse the potential impact of sustainability and climate risks and opportunities on your organisation.
Milestone: Milestone: Draft a schedule of activities to address sustainability risks and opportunities.
How you will learn
In this course, you will develop and present a high-level roadmap to enable you to support your organisation in adopting the mandatory sustainability and climate-related reporting requirements to create impact and value beyond compliance. This will consist of a four to five-minute presentation that includes both a slide deck and a video.
What you will learn
By the end of this course, you’ll be able to:
- Outline the actions an organisation must undertake to meet the requirements of the sustainability and climate-related mandated standards.
- Determine activities to identify and evaluate material sustainability and climate-related risks and opportunities for your organisation.
- Determine the process and key inputs required to develop a climate transition plan for your organisation, incorporating resilience targets, decarbonisation targets and strategies to meet them.
- Detail how your organisation’s sustainability and climate-related activities can be incorporated into financial performance assessments and associated financial reporting.
Who You Will Learn From
Chi Mun Woo
Subject Matter Expert
Chi is a climate and sustainability Partner at Deloitte, with over 25 years of international experience in advising and engaging with a range of private and public sector organisations on sustainability issues and strategies, management systems, performance measurement, benchmarking and reporting and assurance. Over the years, Chi has been involved in the development of reporting frameworks like the GHG Protocol, the GRI and the Resilient Rivers Blueprint. Chi is passionate about sustainability strategy and decision-making, informed by a deep appreciation of how risks and opportunities crystallise and interact with each other through a business's value chain. He believes that disclosure can be transformative when informed by the outputs of critical thinking.
Amanda Vukovic
Subject Matter Expert
Amanda is a climate and sustainability Director at Deloitte, with extensive experience providing advisory services to clients from Not-for-Profit to large ASX-listed and multinational firms. Amanda has worked across a range of industries assisting clients with strategy, impact assessments, roadmaps to net zero, scope 3 financed emissions and reporting and disclosure. Amanda believes the introduction of these sustainability standards demonstrates a momentous step forward in reporting and disclosure, as issues of climate change and general sustainability are receiving the focus and spotlight necessary to ensure the longevity and resilience of businesses and their value chains both now and in the future.
Paul Dobson
Subject Matter Expert
Paul is a climate and sustainability Partner at Deloitte with over 23 years of experience working with a diverse range of clients across different sectors. He has extensive experience supporting clients in implementing leading sustainability frameworks over many years, including the TCFD, GRI and now ISSB and CSRD. He has deep knowledge and experience in supporting clients with understanding their impacts, risks and opportunities arising from climate change as well as sustainability reporting.
Jacquie Fegent – McGeachie
Subject Matter Expert
Jacquie is a climate and sustainability Partner at Deloitte and is one of the firm's lead Partners on sustainability reporting. Jacquie works with boards and management teams to prepare organisations for the significant ESG regulatory changes underway, including the application of leading standards and frameworks. Jacquie believes in using the new emerging reporting requirements as a catalyst for change to build organisational resilience.
Dr. Kaushik Sridhar
Expert Industry Mentor
Dr. Kaushik Sridhar is the Founder & CEO of Orka Advisory and a recognised leader in sustainability, ESG and corporate responsibility. With over 20 years’ experience spanning consulting, academia and executive roles, he has advised organisations across technology, energy, financial services and education sectors on embedding ESG into strategy and operations. Kaushik is also a published author, keynote speaker and lecturer at leading universities. He is passionate about helping individuals and businesses integrate purpose and sustainability to create long-term value and impact.
Industry Partnerships and Accreditations
