Educating your Board on ASRS: A guide for mining CFOs

Already reporting under NGER? Your board may think ASRS is covered. It isn’t. This free guide helps Group 2 mining CFOs explain what’s changed, what directors are signing off on, and where mining’s Scope 1 & 2 numbers get hard.

‍

• Which group you’re really in: Why NGER reporters above the publication threshold are Group 1, and why every other NGER-registered miner is in at least Group 2.
• NGER vs AASB S2, side by side: The six differences to reconcile, from reporting entity and boundary to the seventh gas.
• Mining’s Scope 1 & 2 pressure points: fugitives, haul fleet and plant, contractors, off-grid power, JVs and Safeguard baselines.
• What ASIC flagged in Group 1’s first reports, and how Group 2 mining companies can avoid the same issues.
• Director liability in plain English: the s296A “reasonable steps” declaration, penalties of up to about $1.65M, and why Scope 1 & 2 sit outside the modified liability period.
• The 8 questions your board will ask, starting with “We already report under NGER. Why isn’t that enough?”
• A ready-to-use board agenda template and a timeline from now to reasonable assurance.
  ‍

Note: This is a companion to the webinar Getting Scope 1 & 2 right under AASB S2: Lessons for Group 2 mining.