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The ‘assurance pathway’ that prescribes the minimum phasing in of assurance on an entity’s climate-related financial disclosures has been finalised by the AUASB.
On 28 January 2025, the Auditing and Assurance Standards Board (AUASB) approved two new standards that address the assurance of climate disclosures in Australia. Understanding these developments is crucial for Australian entities as they navigate the evolving landscape of sustainability reporting and assurance.
Regulatory updates on assurance of climate disclosures in Australia explores:
- The key discussions and decisions recently made by the AUASB.
- The ‘assurance pathway’ that prescribes the minimum phasing in of assurance on an entity’s climate-related financial disclosures.
- The implications for businesses and the steps they need to take to help ensure compliance.
Download Regulatory updates on assurance of climate disclosures in Australia
How EY can help
The EY Sustainability Disclosure Hub offers practical guidance to assist companies across the region in preparing for mandatory climate and sustainability-related reporting. Please reach out to the team to discuss what the disclosure of scenario analysis means to you.
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