Locally and globally, sustainability regulatory change is happening at an every increasing pace. Staying ahead of the changes that will impact your sector is essential.
International Sustainability Standards Board (ISSB) informed regulation is coming in Australia likely commending FY 2024/2025. Read more here
Reporting is now mandatory for large finance and insurance organisations, commenced January 2023. Read more here
Reform of the GHG Emitters Policy is underway with consultation closing in February 2023.
Gender Pay Gap reporting will be starting in 2024 for all organisations with greater than 100 employees
Requires some entities to report on the risks of modern slavery in their operations, supply chains and actions to address those risks.
These new international sustainability and financial standards will be released in 2023, overseen by the International Sustainability Standards Board (ISSB)
From the IFRS (International Financial Reporting Standards) website:
The new standards will "evolve from the currently fragmented ESG disclosure landscape, that lacks connectivity and has conflicting concepts, to a truly global common language of sustainability-related financial disclosures..."
Commenced January 2023
Audit Board visual explanation on the evolving sustainability standards landscape