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New Climate Reporting Laws Passed: Businesses Face New Disclosure Requirements

The Opposition has warned the new measures could create an extra $2.3 billion in compliance costs for Australian businesses.
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New Climate Reporting Laws Passed: Businesses Face New Disclosure Requirements
Wind turbines are seen on the horizon at sunset in Albany, Western Australia, on May 19, 2024. Susan Mortimer/The Epoch Times
Monica O’Shea
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Mandatory climate reporting laws sailed through the Australian Senate on Aug. 22 with the Labor government obtaining support from the Greens and independents.

The law will enforce climate reporting for large companies from January 2025 and extend to more companies over time.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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