Strategic Partnership with Pangolin Associates: Turning ASRS Compliance into Competitive Advantage
From January 2025, the new Australian Sustainability Reporting Standards (ASRS) requires large energy users to disclose detailed climate-related information. For many organisations, this represents more than a compliance challenge – it’s a strategic opportunity.
That’s why Northmore Gordon has partnered with Pangolin Associates to deliver an end-to-end ASRS compliance solution that goes beyond meeting the standard. Together, we help you do more with less – less regulatory risk, less wasted energy, and less missed opportunity.
Why ASRS is more than a reporting requirement
For Group 1 entities – Australia’s largest companies and energy users – the first ASRS reports are due in 2026, based on the 2025 reporting year. These reports must go far beyond carbon accounting, requiring:
• Comprehensive emissions measurement (Scope 1, 2 and relevant Scope 3)
• Climate risk assessment and scenario analysis
• Transition planning with clear targets and timelines
• Financial disclosures linked to climate impacts
For organisations without a strategic plan, the process can be resource-intensive and fraught with risk. But done right, ASRS preparation can unlock operational efficiencies, identify funding pathways, and improve investor confidence.
The Northmore Gordon + Pangolin Advantage
Our partnership combines:
• Northmore Gordon’s strengths in energy optimisation, engineering-level feasibility, and grant & certificate funding (VEECVictorian Energy Efficiency Certificate, LGCLarge-scale Generation Certificate under the Australian Renewable Energy Target. More, ACCUAn ACCU is a unit issued to a person by the Clean Energy Regulator (Regulator) by making an entry for the unit in an account kept by the person in the electronic [Australian National Registry of Emissions Units] registry. Each ACCU issued represents one tonne of carbon dioxide equivalent (tCO2-e) stored or avoided by a project. An ACCU can only be issued to a person if the person has a Registry account., and more)
• Pangolin Associates’ expertise in climate risk assessment, net zero planning, and sustainability reporting frameworks
By integrating these capabilities, we offer a single, streamlined service from data gathering through to board-ready ASRS disclosure.
How we help large energy users do more with less
• Less risk – Strategic regulatory mastery ensures ASRS reports meet evolving standards and avoid compliance penalties
• Less cost – Energy and certificate optimisation reduce operating expenses and unlock additional revenue streams
• Less complexity – One coordinated team handling both energy performance and climate disclosure requirements
• Less wasted opportunity – Aligning compliance with your broader net zero and ROI goals
Our end-to-end ASRS service includes:
• Baseline emissions measurement across Scope 1, 2 and relevant Scope 3 categories
• Climate risk assessment aligned with TCFDThe Task Force on Climate-related Financial Disclosures (TCFD) is an industry-led effort, chaired by Michael Bloomberg, with 32 global expert members from the private sector. The TCFD recommendations are designed to solicit consistent, decision-useful, forward-looking information on the material financial impacts of climate-related risks and opportunities, including those related to the global transition to a lower-carbon economy. More and ASRS requirements
• Scenario modelling for physical and transition climate risks
• Transition planning and identification of decarbonisation projects
• Certificate and funding strategies to offset capital costs
• Final reporting for inclusion in annual sustainability and financial reports
Why act now
Early preparation means more time to integrate compliance with business strategy. Waiting until the last minute risks missed funding windows, higher costs, and rushed reporting.
As Hamish McGovern, Managing Director at Northmore Gordon, explains:
“This partnership ensures clients not only meet ASRS requirements but also uncover valuable opportunities to reduce costs, cut emissions, and secure funding for their energy transition.”
Iain Smale, Managing Director at Pangolin Associates, adds:
“Together, we provide the climate risk assessment and energy solutions needed for compliance and long-term sustainability.”
First ASRS reports for Group 1 entities are due in 2026. Let’s make sure yours is more than just compliant – it’s strategic.
Contact our ASRS Compliance Team to discuss your compliance strategy or submit your interest here:
Hamish McGovern Northmore Gordon
Iain Smale Pangolin Associates
