Australian firms mandated to disclose climate impacts from 2025
Companies will have an extra year to report on Scope 3 emissions after their first year of reporting.
The Australian government has passed a law mandating companies to publish ISSB-based sustainability disclosures, with the first reporting period starting in January 2025.
The bill, passed last week by both the House of Representatives and the Australian Senate, was inspired by the publication of the International Sustainability Standards Board’s (ISSB) IFRS S1 and S2 standards for voluntary sustainability disclosures.
