Standards & schemes · Assurance standard

ASSA 5010 (Australia)

AUASB

What is it?

Assurance standard issued or operated by AUASB.

Regulatory recognitionStatutory assurance ladder under Corporations Act Ch 2M

Which version is current?

Profile version 2. Official information last verified 22 August 2026.

Who and what does it cover?

Geography: Australia
Sectors: All sectors
Scope: Climate/sustainability reports

What does it require?

Australia's mandatory assurance pathway: limited assurance over part then all of the climate report, rising to reasonable assurance from year four.

What it does not demonstrateThe standard does not by itself prove that an assurance engagement occurred or that a favourable conclusion was reached.

How is conformity assessed?

Laddered limited → reasonable

Grievance mechanismNot specified in this profile

Who makes the decision?

AUASB

Assurance arrangementLaddered limited → reasonable

Chain of custody

Not specified in this profile

ISEAL membershipNot specified in this profile

Conditional relationships

Claims it may support

A relationship does not mean that the standard proves or validates every use of a claim.

Scope 1, 2 and 3 emissions independently verifiedProvides evidence for · Governs the assurance engagement whose statement supports the claim; not itself a performance standard.see standards.last_verified

Legal context

Laws referencing it

Corporations Act Ch 2M + AASB S2 — mandatory climate reportingAustralia · Referenced by law · Editor to confirm the provision and purpose of the reference.

Dictionary

Dictionary concepts

No reviewed dictionary cross-link is published.

Version record

What has changed

Version 2Initial profile published after recorded site-owner/editor review of the complete standards batch.23 Aug 2026
Version 1Initial private editorial draft imported from the reviewed standards handover.23 Aug 2026

Last verified 22 August 2026. This neutral profile is informational and does not recommend, rank or endorse the standard.