Mandatory Climate Disclosure - Australia
Which AASB Reporting Group Are You?
Under the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024, Australian entities must comply with AASB/ASRS S1 & S2 climate disclosure requirements in three phased reporting groups.
Group 1
Large Entities
Reporting from 1 January 2025
Thresholds (meet 2 of 3)
Consolidated revenue
$500M+Consolidated gross assets
$1B+Employees
500+Entities meeting at least 2 of the 3 thresholds above.
Group 2
Medium Entities
Reporting from 1 July 2026
Thresholds (meet 2 of 3)
Consolidated revenue
$200M+Consolidated gross assets
$500M+Employees
250+Entities meeting at least 2 of the 3 thresholds above.
Group 3
Smaller Entities
Reporting from 1 July 2027
Thresholds (meet 2 of 3)
Consolidated revenue
$50M+Consolidated gross assets
$25M+Employees
100+Entities meeting at least 2 of the 3 thresholds above.
Know your group. Get audit-ready.
SustainQ maps your disclosures directly to AASB/ASRS S1 & S2 requirements - auto-tagged for audit readiness, with evidence-based outputs your assurance provider can trust.