Most customers and investors know now climate change's impacts on the planet. This has led to stakeholder pressure and government policy changes to disclose plans to decarbonise and manage climate risk.
International stock markets have begun implementing mandatory requirements for businesses to disclose climate-related financial disclosures so investors feel informed with their investment and lending decisions. Australia is catching up with recent changes by the Australian Commonwealth government's Australian Accounting Standards Board released draft requirements for businesses exceeding defined thresholds to disclose climate risk mitigation and adaptation management plans in annual reports, including financial statements. The disclosure includes how the business plans to manage climate-related risk, how it affects them financially, and Scope 1 and Scope 2 emissions. Regulations are also leading to the requirement to include Scope 3 emissions.
We can help you start your journey with managing this business risk with:
- Climate risk assessment;
- Climate risk management integration;
- Climate adaptation and mitigation;
- Scope 1, 2 and 3 emissions calculation(NGER, GHG Protocol)
- Greenhouse gas management plans
- Training and reporting reviews
See also our services in modern slavery risk management and sustainability reporting.
Highlight Sustainability
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