Recently, Australia finalised the legislation to implement mandatory climate-related financial disclosures, and mandatory assurance over annual sustainability reports for certain entities beginning in 2025.
In the same week, the new international sustainability assurance standard was approved, and the AUASB released the draft timeline of Australian sustainability assurance. Our upcoming webinar, ‘Preparing for Sustainability Assurance’ is designed to help you navigate the evolving landscape of sustainability reporting and assurance in Australia.
Join Louise Worsley, Audit Partner & ESG Assurance Lead and Samantha Sing Key, Director - Sustainability Reporting Advisory as they discuss: :
The draft timeline for mandatory assurance
The new international assurance standard that will be applicable to Australia
Key considerations and challenges in preparing for the first year of sustainability assurance
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For many mid-sized businesses, greenhouse gas emissions are still viewed as something that only matters to large corporates subject to mandatory sustainability reporting. If you're not required to prepare a sustainability report, it can be difficult to justify investing time and resources measuring emissions, but increasingly, customers may ask you to.
ESG and sustainability reporting have traditionally been the focus of large corporations, but as technology improves and expectations evolve, they are becoming increasingly relevant for smaller organisations.
Senate has now passed legislation mandating climate-related disclosures and businesses must have an understanding of what the AASB sustainability standards actually require for compliance.
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