ASRS compliance & readiness, board-ready reporting support
We help Australian mid-market businesses build the governance, emissions readiness, and reporting confidence required for mandatory ASRS disclosure, without drowning in consultants' reports or technical complexity.
Practical governance and compliance support for directors, executives and finance leaders.
What's included in ASRS readiness support
Our ASRS support focuses on governance, data readiness and reporting confidence, not just technical compliance. Strong ASRS readiness also requires managing greenwashing risk in disclosures, particularly where assumptions or Scope 3 data are evolving.
Governance & board oversight
- Clarifying board and management accountability
- Policies, controls and decision cadence aligned to ASRS expectations
Climate risk & scenario approach
- Practical framing of climate risks and opportunities
- Scenario thinking that supports disclosure without over-engineering
Emissions readiness (Scope 1–3)
- Baseline approach for Scope 1 and 2 emissions
- Scope 3 data strategy, including supplier engagement where required
Reporting plan & assurance pathway
- Draft reporting structure aligned to ASRS
- Readiness for internal review, audit and external assurance
Who Must Report, and When?
ASRS reporting is phased in by company size and thresholds.
Why Group 2 is the "Messy Middle"
You're large enough to be in scope, but many organisations don't have a dedicated sustainability team or mature climate data systems. That's why capability-building matters, and why even Group 1 and Group 2 customers will request climate data from suppliers.
Related services
If you need ongoing leadership or a diagnostic starting point, these services are commonly used alongside ASRS readiness.
ASRS, common questions
When do ASRS requirements apply to mid-market companies?
ASRS obligations are being phased in across three groups. Group 1 (largest companies, $500M+ revenue) started January 2025. Group 2 ($200M+ revenue) begins July 2026. Group 3 ($50M+ revenue) begins July 2027. However, many mid-market organisations are already affected through customer requirements, investor expectations, or group reporting obligations.
Do we need Scope 3 emissions from day one?
Not always, but most organisations need a clear Scope 3 strategy early, particularly where supply chain emissions are material or data is requested by customers. ASRS requires disclosure of material Scope 3 categories, so understanding your emissions profile now prevents compliance scrambles later.
What does "board-ready" ASRS reporting actually mean?
Board-ready reporting means directors can clearly understand, challenge and approve disclosures, with confidence in governance, assumptions and controls. This includes clear documentation of methodology, data sources, and the ability to defend disclosures under assurance requirements.
How much does ASRS compliance cost for mid-market companies?
ASRS compliance costs vary based on complexity, data readiness, and existing ESG maturity. Most mid-market companies ($10M-$500M revenue) should budget $30,000-$100,000 for initial setup including governance frameworks, emissions measurement, and disclosure preparation. Ongoing annual costs are typically $20,000-$50,000. A Fractional CSO ($8,000-$15,000/month) often provides better value than fragmented consulting.
What is the penalty for non-compliance with ASRS in Australia?
ASRS climate disclosures fall under the Corporations Act, meaning directors face personal civil liability for false or misleading statements. Maximum penalties include fines up to $1.565 million for individuals and $15.65 million for corporations (or 10% of turnover, capped at $782.5 million). Beyond legal penalties, non-compliance risks reputational damage, difficulty accessing capital, and exclusion from supply chains.
Can we use a Fractional CSO for ASRS compliance?
Yes, a Fractional CSO is often the ideal solution for ASRS compliance. You get senior sustainability leadership to establish governance, oversee emissions measurement, and ensure board-ready disclosures, without the $250,000+ cost of a full-time hire. Most mid-market companies need 12-18 months of intensive support to reach compliance readiness.