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Australia passes law to begin mandatory climate reporting in 2025 – ESG Today

20 September 2024

Australia's new Treasury Laws Amendment Bill mandates medium and large companies to report climate-related risks and emissions from January 2025.

With the approval of the Treasury Laws Amendment Bill, Australia joins the EU, the UK, and several other large economies in requiring medium and large corporates to measure and disclose their climate-related risks and opportunities, as well as greenhouse gas emissions across their value chain. This represents a fundamental step toward reducing Australia’s emissions in line with the Paris Agreement, and large companies will have to report starting in January 2025. 

Holtara looks forward to supporting Australian companies with their reporting efforts and helping them identify value creation opportunities from climate action.

Read the full article on ESG Today: Australia Passes Law to Begin Mandatory Climate Reporting in 2025.

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