ASRS (Australian Sustainability Reporting Standards)

Mandatory climate-related financial disclosure standards (AASB S2).

ASRS standards (AASB S2 for climate, AASB S1 for general sustainability) apply progressively from FY commencing on/after 1 January 2025 (Group 1: turnover ≥$500M or assets ≥$1B), 1 July 2026 (Group 2), and 1 July 2027 (Group 3). Cover governance, strategy, risk management, metrics & targets, and Scope 1/2/3 emissions.