The new Australian Sustainability Reporting Standards (ASRS) came into effect 1 January 2025.
ESG reporting will be rolled out in a staged approach with reporting obligations phased in across three groups based on company size, revenue and emissions profile. See table below for timeline;
| Group 1 | First annual reporting period beginning on or after 1 January 2025 |
| Group 2 | First annual reporting period beginning on or after 1 July 2026 |
| Group 3 | First annual reporting period beginning on or after 1 July 2027 |