Every ASRS explainer quotes the lodgement deadline. That is not the date that binds you. Your sustainability report covers a full financial year, so the date that matters is the first day of that year, and for most Group 2 companies it has already passed.
Two regimes, one assessment. Australia phases AASB S2 in across three groups from 2025 to 2027. New Zealand is rewriting its thresholds, so the calculator shows both the current test and the one Cabinet has agreed.
Entities lodging financial reports under Chapter 2M of the Corporations Act that meet two of three size tests, plus NGER registrants and asset owners above A$5bn under management. Group 1 started with financial years beginning on or after 1 January 2025, Group 2 from 1 July 2026, and Group 3 from 1 July 2027.
Two of three must be met. Group 1: A$500m consolidated revenue, A$1bn consolidated gross assets, or 500 employees. Group 2: A$200m, A$500m, or 250 employees. Group 3: A$50m, A$25m, or 100 employees.
Earlier than most people expect. The sustainability report covers a full financial year, so you need activity data from the first day of that year. The date that matters is the start of your first reporting period, not the lodgement deadline, and for many Group 2 entities it has already passed.
No. A first-year relief lets you explain qualitatively where quantitative data is not yet available. Material scope 3 emissions must be quantified from year two, which means the data collection has to start in year one.
Limited assurance applies to specified disclosures from the first reporting year. Reasonable assurance over all climate disclosures applies to financial years beginning on or after 1 July 2030.
Yes. Cabinet agreed in October 2025 to raise the listed-issuer threshold from NZ$60m to NZ$1bn and to remove investment scheme managers from the regime, cutting the population of reporting entities from around 164 to 76. The Financial Markets Conduct Amendment Bill carries the change and the FMA has applied a no-action approach since 1 November 2025 for entities exiting. This calculator shows both the current and the proposed test.
No. It is an indicative assessment based on published thresholds. Confirm your position with your legal, audit and sustainability advisors before relying on it for filings or board reporting.
Credibl's ASRS platform covers what comes after the verdict: collecting the activity data, scope 1, 2 and 3 accounting, NASA-grade physical risk and NGFS transition scenarios, and getting a sustainability report through assurance.
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