What Scope 3 categories does Group 2 require?

Group 2 entities must report on material Scope 3 categories. CO2 Lab helps you identify which categories are material to your business and provides both activity-based and spend-based calculation methods for each.

What level of assurance does Group 2 need?

Group 2 entities require limited assurance. CO2 Lab provides comprehensive audit trails, data provenance, and methodology documentation to support your assurance engagement.

Can CO2 Lab handle multi-entity consolidation?

Yes. Upload data for each business unit or subsidiary separately and consolidate at the group level. CO2 Lab supports both operational control and equity share approaches.

ASRS Group 2

ASRS reporting, ready for Group 2

Group 2 adds full Scope 3 and limited assurance on top of what you already report. CO2 Lab does the calculation and keeps it assurance-ready, so your time goes to reduction, not data entry.

Book a Sustainability Check-up See pricing

ASRS Group 2 at a glance

You're in ASRS Group 2 if you meet any two of:

Revenue ≥ $200m
Gross assets ≥ $500m
≥ 250 employees

Disclosure: Scope 1, 2 and material Scope 3
Assurance: Limited assurance
First report: Reporting from 1 July 2026

Thresholds and dates per ASIC RG 280 Sustainability reporting and AASB S2 Climate-related Disclosures. Other pathways (NGER reporters, large asset owners) can also apply — see the full breakdown.

What changes from Group 3 to Group 2

If you've been reporting as Group 3, here's what Group 2 adds, and how CO2 Lab handles each requirement.

Enhanced Scope 3 disclosure

Report on all material Scope 3 categories, not just the basics. CO2 Lab identifies which categories are material and provides calculation methods for each.

Limited assurance readiness

Reports must withstand limited assurance engagement. CO2 Lab generates complete audit trails with source data, methodology, and factor provenance.

Multi-entity consolidation

Consolidate emissions across business units and subsidiaries. CO2 Lab supports operational control and equity share approaches.

Transition plan requirements

Disclose transition plans with targets and progress. CO2 Lab helps you track and document your transition planning.

99.95%

Calculation accuracy

800k+

Emission factors

10x

Faster than spreadsheets

dashboard.co2lab.ai

The emissions ledger: each figure shown with its vendor, source document, emissions factor, and data-quality score

A finished Horizon Food Group emissions inventory, every scope and subcategory totalled

A bar chart of the top emitting vendors, split by scope

Every number traced to source

See a finished inventory, every number traced to its source

A completed, ASRS-ready example. Every figure linked back to its source document, emissions factor, and reasoning.

Ask for a walkthrough

Tell us about your team and we'll walk you through this example.

Frequently asked questions

Ready to step up to Group 2?

See how CO2 Lab simplifies the step up to Group 2 compliance.

Book a Sustainability Check-up

Not sure which group you're in?

ASRS phases in by entity size. Compare all three groups or jump straight to yours.

ASRS Group 1

Largest entities: full Scope 1, 2 and 3, reasonable assurance.

ASRS Group 3

Smaller entities: a lighter, Scope 1 and 2 starting point.