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AASB S2 Reporting Group Checker

Check whether your business may be a Group 1, 2 or 3 mandatory AASB S2 climate reporter under Australian law. Includes the NGER pathway that many businesses miss.

AASB S2 mandatory climate reporting applies only where the entity is required to prepare an annual financial report under Chapter 2M and meets a relevant size, NGER or asset pathway. Answer all four questions using your consolidated group figures, then check your indicative result. Confirm your status with your legal adviser before relying on it.

The pathway many businesses miss: NGER reporting obligations

If the entity must prepare an annual financial report under Chapter 2M and the corporation is required to report under the NGER Act, it is generally in Group 2 unless already in Group 1. This pathway does not depend on the Group 2 revenue, assets or employee tests. Answer Question 1 carefully.

1 Does your corporate group currently lodge NGER reports with the Clean Energy Regulator?

If you are unsure, check whether your group has an NGER registered corporation or has filed an NGER report in any prior year.

2 Consolidated annual revenue

Use your consolidated group total, not a single entity or subsidiary in isolation.

3 Consolidated gross assets

Gross assets, not net assets. Use consolidated balance sheet total before liabilities.

4 Number of employees

Count all employees across the consolidated group, including full-time, part-time, and casual.

Your likely reporting group

Need help acting on your result?

Whether you are Group 2 closing early Year 1 gaps, or Group 3 using the remaining preparation time wisely, Aethiro delivers a fixed-fee, end-to-end AASB S2 engagement. On-site. No big-four billing rates.

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Questions about AASB S2 reporting groups

If the entity must prepare an annual financial report under Chapter 2M and the corporation is required to report under the NGER Act, it is generally in Group 2 unless already in Group 1. The NGER pathway does not depend on meeting the Group 2 revenue, asset or employee tests. Confirm both Chapter 2M and NGER status with your legal and accounting advisers.
The thresholds apply on a consolidated group basis. If you are part of a larger corporate group (even if your individual entity is small), it is the group's combined revenue, assets, and employee count that determines your reporting group. Many regional businesses that operate as subsidiaries of larger groups are caught at the group level even though the individual entity would not qualify on its own.
For Group 2 entities with a 30 June financial year, the first AASB S2 reporting period runs from 1 July 2026 to 30 June 2027. The first climate disclosure report is due as part of the annual financial report, approximately October 2027. Scope 1 and 2 records should now be secured from 1 July onward. If collection did not start on time, identify what can be recovered, document the gaps and assumptions, and establish a controlled process for the remainder of Year 1.
No. This tool gives you an indicative result based on the published ASIC criteria. Group structure, NGER registration history, and specific entity circumstances can affect the outcome. Confirm your reporting status with your legal and accounting advisers before making any decisions. AASB S2 is administered by ASIC.

Related Tools & Insights

AASB S2 Readiness Self-Check → AASB S2 Group 2 Guide → Scope 3 Grace Period Explained →

Important: information only, not advice

This page provides general information about AASB S2 mandatory climate reporting and operational steps to prepare. It is not legal, financial, accounting, audit, or investment advice. AASB S2 obligations depend on your entity's structure, size, and corporate group. Always confirm your reporting obligations and disclosure approach with your legal advisor, auditor, and accountant. Aethiro Pty Ltd does not provide legal, financial, or assurance services and is not a registered tax or financial adviser.