In June 2023, the Australian Federal Government released a consultation paper on Mandatory Climate-related Financial disclosure, which follows similar regulations introduced in New Zealand.
This marks the first in a series of increased voluntary and mandatory reporting & disclosure requirements that will be placed on Australian and New Zealand businesses over the next 2-3 years, echoing a broader international shift towards greater integration between financial and non-financial reporting on business performance.
While this process is commencing with climate-related risks and opportunities, it will soon extend to the full spectrum of ESG performance, including nature-based impacts, gender equality, modern slavery, and social equality.
This represents the greatest shift, not only in ESG reporting but also in financial corporate reporting in decades.
To help you prepare for this transition, we have released a practical Discussion Paper, 'How to Thrive in the New Era of ESG Disclosure.'
Co-authored by our team of sustainability experts, this publication serves as an introductory guide to help organisations understand and navigate the complexities of the future ESG disclosure landscape.