Mandatory Climate Reporting Guide
On September 9th 2024, the Australian Government’s Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill to mandate climate-related reporting was passed by the Parliament.
In one of the biggest changes in a generation, organisations under the jurisdiction of the Corporations Act 2001 will now have to report on their climate risks. While large businesses and financial institutions will be the first to report, impacts will also be felt by small and medium sized organisations, particularly those with large businesses and government agencies as customers.
Now is the perfect time to put in place the systems your business will need to be ready for the new Australian Sustainability Reporting Standards (ASRS) and mandatory climate reporting.
Legislation Roll-out Timeline
Large entities and their controlled entities must meet at least two of the three criteria to determine their reporting group. The start date is dependent on your organisation’s reporting period being calendar or financial year. Unsure when your company will be affected? Read the guide to learn more.
Large entities and their controlled entities must meet at least two of the three criteria to determine their reporting group.
*The start date is dependent on your organisation’s reporting period being calendar or financial year.
Download our guide
