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Climate Change Reporting Requirements Australia

Jones Day

Coming Soon: Mandatory Climate Disclosure Laws in Australia

Jones Day on

The Development: On August 22, 2024, the Australian Senate passed the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 ("Bill")....more

K&L Gates LLP

ESG—Australia - Carbon Offsets: Australian Regulatory Framework

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Taylor Swift’s “Eras Tour” was one of the highest grossing music tours of all time with approximate proceeds exceeding US$1 billion. While this is a monumental feat, Taylor Swift also gained negative attention during the tour...more

K&L Gates LLP

May 2024 ESG Policy Update—Australia

K&L Gates LLP on

AUSTRALIAN UPDATE - Updated Bill to Introduce Climate-Related Financial Reporting Regime - Background - The Australian Government released the first reading draft of the Treasury Laws Amendment (Financial Market...more

A&O Shearman

Australia, are you ready for the mandatory climate related financial disclosure regime?

A&O Shearman on

The Australian government is in the process of finalising legislation relating to its proposed mandatory climate-related financial disclosure regime, following the completion of a one-month consultation process on the draft...more

K&L Gates LLP

April 2024 ESG Policy Update—Australia

K&L Gates LLP on

Australian Update - Australian Competition and Consumer Commission Enforcement Priorities for 2024-2025 - The Australian Competition and Consumer Commission (ACCC) has announced its enforcement and compliance priorities for...more

K&L Gates LLP

Climate-Related Financial Disclosures: What are They and What do They Mean?

K&L Gates LLP on

Overview - Background - The Australian Government recently released an exposure draft of the legislation to implement mandatory climate-related financial disclosures (Draft Legislation). This follows the release of draft...more

Jones Day

Australian Government Releases Draft Climate Disclosure Laws

Jones Day on

The Situation: The Australian government has released its widely anticipated exposure draft legislation for the introduction of Australia's national mandatory climate-related financial disclosures regime....more

White & Case LLP

Mandatory climate-related financial disclosures proposed for Australia

White & Case LLP on

Following two rounds of consultation, the Australian Government has released an exposure draft of the Treasury Laws Amendment Bill 2024: Climate related financial disclosure (Draft Bill) which would introduce mandatory,...more

K&L Gates LLP

November 2023 ESG Policy Update – Australia

K&L Gates LLP on

Australian Update - Draft Reporting Standards for Australian Climate-Related Disclosures - As previously reported by K&L Gates, the Australian Accounting Standards Board released its exposure draft of the Australian...more

Cadwalader, Wickersham & Taft LLP

Australian Financial Regulator Mandated to Adopt Climate Reporting Standards

In June 2023, the Australian government published an updated Statement of Expectations for the Australian Prudential Regulation Authority (APRA), requiring it to, among other things, “promote prudent practices and...more

K&L Gates LLP

The State of ESG Reporting in Australia

K&L Gates LLP on

Whilst there has been a marked improvement in the aspirations of Australia's leading companies with respect to environmental, social and governance (ESG) reporting over the last few years, we expect the requirements for more...more

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