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Australian companies are approaching the era of mandatory reporting and assurance over climate-related financial information. Achieving limited and/or reasonable assurance will require additional effort. Readiness is crucial.
The introduction of a mandatory climate-related financial disclosure regime in Australia (for financial years starting on or after 1 January 2025) will require companies to have their climate-related information assured, perhaps for the first time.
Reporting ready: preparing for assurance of climate-related disclosures explores:
How companies can prepare for assurance
The expectations for limited and reasonable assurance
The role of the chief financial officer (CFO) and the board in preparing for assurance
Download Reporting ready: preparing for assurance of climate-related disclosures here
The EY Sustainability Disclosure Hub offers practical guidance to assist companies across the region prepare for mandatory reporting of climate and sustainability-related reporting. Please reach out to the team to explore the implications of assurance over proposed mandatory climate-related disclosures.
Australian companies are on the verge of being required to publicly disclose their governance processes over climate-related risks. Good governance will play a central role in the transition.
With mandatory climate-related disclosures soon to become a reality in Australia, this session is designed to prepare companies for the upcoming assurance requirements with the most recent considerations and insights into potential challenges.