In Australia, the pendulum is swinging from voluntary action back towards mandatory action. This has everything to do with the 2024 amendments to the Corporations Act that mandate climate-related financial disclosures. As more entities are captured by these rules each year, the ESG conversation is shifting fast.

The Australian Sustainability Reporting Standards (ASRS) will reshape the way companies disclose climate-related financial risks and opportunities. Aligned with the International Sustainability Standards Board’s IFRS S1 and S2, the new regime introduces a consistent, investor-focused framework for sustainability and climate disclosures.  For many organisations, the challenge isn’t whether to act... It’s knowing where to start.