This consultation paper seeks initial views on key considerations for the design and implementation of the Government’s commitment to standardised, internationally‑aligned requirements for disclosure of climate‑related financial risks and opportunities in Australia.
Views are also sought on other matters relevant to this commitment, such as necessary changes to ensure Australia’s financial reporting bodies are appropriately positioned for the expansion of international standard‑setting priorities on climate and sustainability reporting. Interested parties are invited to provide views by 17 February 2023.
Submissions in response to this consultation will be used to inform a specific design proposal for further consultation in 2023. At that time, views will be sought on more detailed proposals for the new reporting requirements, their implementation and sequencing.