Large companies have been given a six-month reprieve on including climate-related information in their financial reports.
Already a subscriber?Large companies have been given a six-month reprieve to 2025 to include climate-related information in their financial reports under a government plan to encourage investment in the transition to a net-zero economy.
“This legislation will introduce standardised, internationally aligned reporting requirements for businesses, to ensure they are making high quality climate‑related financial disclosures,” Dr Chalmers said. Listed companies are “well-placed for mandatory reporting”, according to research from the Australian Council of Superannuation Investors, which found 70 per cent of the ASX 200 was already reporting voluntarily under an international climate-related disclosures framework.
This group is defined as companies having at least two of the following characteristics: consolidated revenue of $500 million or more; consolidated gross assets of $1 billion or more; and/or 500 employees or more.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Early recruiting for 2025’: Suns’ cheeky Dusty pleaAFL: Michael Voss praised his team's turnaround in the second half after the Blues one point win over the Lions.
Read more »
‘Destroyed’ rookie praised after ‘hugely impressive’ debut shakes up 2025 driver market‘Destroyed’ rookie praised after ‘hugely impressive’ debut shakes up 2025 driver market
Read more »
2025 Ineos Grenadier Quartermaster: Tradie-friendly cab-chassis ute revealed7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
2025 Hyundai i20 N facelift spied ahead of Australian arrival7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
2025 MG HS: Facelift scrapped, next-gen RAV4 rival confirmed for Australia7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »