ASRS Reporting: How to Get Ready
Australia's Sustainability Reporting Standards are here. A practical breakdown on what's required, when you need to report, and how to start preparing now.
Who Needs to Report (and When)
ASRS reporting is phasing in over the next few years. Group 1 (large entities) report first for financial years starting 1 January 2025. Group 2 (mid-sized) for years starting 1 July 2026. Group 3 (smaller) for years starting 1 July 2027.
Your Climate Statement: The Four Key Sections
AASB S2 requires businesses to report a climate statement covering Governance, Strategy, Risk Management, and Metrics & Targets.
Practical Steps to Get Ready
Collect the easy data first. Document your method. Bring in your finance team early. Start small with targets and organise your evidence for auditors.
Start Now
Even if you're a Group 2 or 3 reporter, the best time to start is now. Building systems, data trails, and confidence in your numbers takes time. That's exactly what the ASRS expects.