Australia’s sustainability reporting framework requires certain entities to prepare a sustainability report in line with the Australian Sustainability Reporting Standards (ASRS). These reports must include climate-related financial disclosures and will be subject to assurance.
This represents a significant change for corporate reporting in Australia, requiring organisations to uplift their governance, risk management and disclosure practices.
Why it matters
- Mandatory reporting is here – Group 1 entities must report from 1 January 2025, with Group 2 and 3 entities following in 2026 and 2027.
- Assurance will be required – Independent assurance of sustainability disclosures will be phased in, moving from limited to reasonable assurance. Read more about our sustainability assurance services to learn how we can help you meet regulatory requirements.
- Stakeholder expectations are rising – Investors, lenders, regulators, customers and employees are looking for credible, decision-useful sustainability information.
- Strategic advantage – Early action on sustainability reporting can strengthen market position, improve access to capital, enhance brand reputation and support long-term value creation.
Our Sustainability Reporting services:
- Gap and readiness assessments and implementation support
Identify gaps against ASRS requirements, assess readiness, and design practical implementation plans. - Carbon accounting and GHG emissions reporting
Measure, calculate and disclose Scope 1, 2, and 3 greenhouse gas emissions in line with recognised methodologies. Read more about our carbon accounting services to see how we can ensure you stay ahead of the curve. - Sustainability report compilation and drafting
Develop clear, compliant and investor-focused sustainability reports. - Governance and risk management uplift
Strengthen governance structures and integrate climate and sustainability risks into existing risk management frameworks.
