ISSB / AASB S2 Proposed amendments June 2025

The Australian Sustainable Finance Institute welcomes the opportunity to comment on the Australian Accounting Standards Board’s exposure draft of proposed amendments to the S2 standard.

In Section 1 of this submission, ASFI makes comments to the Australian Accounting Standards Board relating to potential adoption of any amendments made by ISSB to S2. In Section 2 of the submission, ASFI makes comments on the proposals put forward by the ISSB regarding the proposed definite, express and permanent relief from reporting for derivatives, facilitated emissions and insurance associated emissions. At this time, ASFI has no comments on the other proposals for change.