Australia’s climate-related financial disclosure requirements could be set for some changes.
The Federal Government has opened a consultation on proposals to improve the efficiency of climate-related financial disclosures, while maintaining the quality, credibility and international comparability of reporting.
The proposals include changes to assurance requirements to reduce compliance costs, clearer guidance on key terms and concepts, and measures to reduce the burden of information requests across supply chains.
What the proposed changes to climate-related financial disclosures mean for Australian businesses
For businesses – and particularly finance, planning and sustainability leaders – the consultation is an important development to follow.
While the proposals aim to reduce costs and the reporting burden, organisations have already invested significant effort in preparing for sustainability reporting – something the Government explicitly recognises in its approach to sequencing any changes.
Consultation is open until 2 October 2026 – have your say.
Sustainable Business Planning and climate-related financial reporting
At Zooss, we champion Sustainable Business Planning – integrating sustainability modelling with financial, operational and workforce planning. This approach enables organisations to model the environmental, social and financial impacts of business decisions before they are made, while also supporting more robust sustainability reporting.
By connecting sustainability with traditional business planning, Sustainable Business Planning enables better outcomes for businesses, people and our planet.
Find out more
- Mandatory climate-related reporting in Australia
- Sustainable Business Planning – Our Solutions
- Getting started in Sustainable Business Planning: Key concepts for planning teams
- Anaplan Partner delivering better planning for businesses in Australia & New Zealand
- Ready to start planning sustainably? Contact us.
Better Planning. Better Planet.