Since 1 January 2025, Australia's mandatory climate reporting regime has applied to the first cohort of large entities. Now, with the start of FY27, many more organisations are turning their attention to what comes next and whether they are ready. For businesses approaching reporting thresholds, the new financial year presents an opportunity to move beyond awareness and begin building the systems, governance and data needed for effective disclosure.

Disclosure is moving from the voluntary presentation of select narratives to mandatory disclosure of specified impacts. Your Greenhouse Gas (GHG) Emissions Inventory (and the Basis of its Preparation (BoP)) needs to be absolutely water-tight, capable of withstanding scrutiny from regulators, auditors, assurance providers, investors, and boards.