A greener more resilient economy
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Climate change and the transition to net-zero presents significant opportunities for businesses and investors.
Already, 73 of the 100 ASX companies report on climate risks, and we’re giving greater certainty on what needs to be reported on in climate disclosures.
The Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 hearing today found:
– This is a very welcomed and significant part of the Government’s Sustainable Finance Strategy.
– These new requirements will guide investors to maximise our economic opportunities.
– Maintain and grow Australia’s reputation as a destination for international capital that will be needed in the transition to net-zero.
– The requirements will be phased in, giving businesses time to develop the capacity for high-quality disclosures gradually.
It’s time to embrace these measures and pave the way for a greener, more resilient economy!