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Navigating Climate-Related Financial Disclosure Requirements Australia, New Zealand and the UK

08 November 2024

As the urgency of addressing climate change intensifies, regulatory bodies are mandating stringent environmental, social, and governance (ESG) disclosure requirements to promote transparency and accountability. We’ve collaborated with our technology partner, Ansarada, to deliver this comprehensive whitepaper that explores the latest developments in ESG standards and climate-related financial disclosure requirements across Australia, New Zealand, and the United Kingdom, providing key insights for companies to navigate these evolving regulations effectively.

Key highlights from this guide include:

  • Understanding the Australian Accounting Standards Board (AASB) and New Zealand's External Reporting Board (XRB) standards aligned with the International Sustainability Standards Board (ISSB) to ensure compliance with emerging global norms.
  • Benchmarking your disclosures against the globally adopted Task Force on Climate-related Financial Disclosures (TCFD) framework to enhance transparency and stakeholder trust.
  • Conducting financial and double materiality assessments to identify and prioritize material climate risks and opportunities impacting your business financially and environmentally/socially.
  • Implementing robust processes for data collection, reporting, controls, and governance to ensure compliance readiness and avoid potential greenwashing allegations as the 2024 deadline approaches

By understanding these evolving ESG standards and leveraging materiality assessments, companies can enhance transparency, build stakeholder trust, and position themselves for long-term sustainable success amid the climate crisis. Explore strategies to adhere to the forthcoming standards and future-proof your compliance efforts with this comprehensive guide.

Fill out the form to download the report.