It’s official, an ISSB-aligned mandatory climate reporting regime in Australia was introduced into the House of Representatives on 27 March 2024. The specifics of which will be set out in Australian Sustainability Reporting Standards (ASRS).

While the first group of businesses (larger entities) are required to report against the new climate-disclosure requirements from 1 January 2025 – SMEs within these entities’ supply chains may be required to report also. This is because the ‘Scope 3’ emissions of a large business (emissions that occur up or down a company’s supply chain) includes the emissions of its small business suppliers.

We’re working closely with carbon accounting firm ClimateClever to help businesses start the process now – it’s about putting a plan in place to:

1. Start measuring your impact
2. Keep on track of emissions
3. Understand your impact
4. Be ready to report on, and communicate your climate impact story.

In addition to crafting standard climate reports, we can analyse your climate data and curate a compelling sustainability narrative. These narratives can be integrated into your annual or sustainability reports, as well as blog/website articles.

As consumer preferences shift towards pro-climate businesses, the demand for corporate sustainability transparency is no longer optional; it’s an expectation that influences purchase decisions.

Book a complimentary 30-minute conversation to learn more.