Reported at michaelwest.com.au: From January 1, 2025, large companies and financial institutions in Australia will be required to legally measure and disclose their greenhouse gas emissions under a new mandatory climate reporting regime, making this a key aspect of their annual reporting.

The reporting will include climate-related financial disclosures, addressing risks and strategies for emissions reduction, and applies to non-listed companies as well.

Although small and medium-sized enterprises are exempt, they may still face increasing information requests from larger companies within their supply chains.