Reduce Your Business Impact
AdaptNSW suggests adopting sustainable practices to respond to the increasing demands from stakeholders and customers for climate resilience and more sustainable practices.
Reduce Business Impact with AdaptNSW
Guides, Case Studies, Funding and Support Programs
Advice to manage your business energy costs, energy efficiency technologies and opportunities from the Department of Climate Change, Energy, the Environment and Water.
Discover more with energy.gov.au
Mandatory Climate Reporting Requirements
The Australian Sustainability Reporting Standards (ASRS) are new standards for assessing and disclosing information about an entity’s climate and sustainability-related risks and opportunities. The standards are internationally aligned to ensure consistent and transparent reporting.
Refer to the below table to determine if you are required to prepare and submit an annual sustainability report.
| Group | Entity that meets at least two of the three criteria | Reporting Period |
|---|---|---|
| 1 |
| First annual reporting periods starting on or after 01 Jan 2025 |
| 2 |
| First annual reporting periods starting on or after 01 July 2026 |
| 3 |
| First annual reporting periods starting on or after 01 July 2027 |
Learn more about mandatory sustainability reporting requirements here.
Small Businesses
Small businesses may be indirectly affected if they supply goods and services to those required to report under the new legislation.
If you have a customer or supplier that is a large business or financial institution, it is possible they may ask you for some information to assist them in meeting their reporting obligations.
Read more about how the mandatory reporting may affect your small business here.