can you rewrite this information, please

• Clarifies that draft ASRS 2 islimited to climate-related risks and opportunities related to climate change anddoes not apply to other climate-related emissions (except greenhouse gas (GHG) emissions) or replace existing legislation or pronouncements prescribing reporting requirements related to other sustainability-related topics;

• Assessments should be conducted against a minimum of at least two possible future states, one of which must be consistent with the most ambitious global temperature goal set out in the Climate Change Act 2022 (Cth) (1.5C above pre-industrial levels) to enhance comparability of entities' climate resilience

• requires an entity to convert GHGs into a CO2 equivalent value using the global warming potential values from the same IPCC assessment report as that referred to in the National Greenhouse and Energy Reporting Act 2007 (Cth) (NGER Act) and related regulations and the Paris Agreement;
• an entity is required to prioritise applying relevant methodologies in the NGER Act as the default methodologies in measuring its GHG emissions before referring to other GHG measurement methods or frameworks,

• Requires the disclosure of market-based Scope 2 GHG emissions in addition to location-based emissions
• Permits an entity to disclose in the current reporting period Scope 3 GHG emissions measured using data for the immediately preceding reporting period;[1]
• supports sector neutrality by incorporating terminology suitable for not-for-profit entities;
• requires entities that participate in asset management, commercial banking or insurance activities to consider the applicability of additional disclosures related to financed emissions (rather than requiring them to provide those additional disclosures as IFRS S2 does); and
• does not include IFRS S2's references to the SASB standards and industry-based guidance accompanying IFRS S2, again on the basis that's not appropriate until the ISSB has comprehensively internationalised the content and has undergone the AASB's due process.

(Commonwealth need also to include comparative information and a statement of compliance because it is the first time adoption An entity shall explain how the transition from previous GAAP to Australian Accounting Standards affected its reported financial position, financial performance and cash flows. )