Webinar Review: Understanding New Climate-Related Reporting Requirements
The MTAA hosted an insightful and timely webinar on the newly introduced climate-related reporting requirements under the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024. With sustainability reporting becoming mandatory for many businesses from 1 January 2025, this session was crucial for members seeking clarity on compliance obligations.
The webinar provided a comprehensive overview of the legislative changes, detailing which entities will be affected, key compliance deadlines, and how the reporting regime will be enforced. The phased implementation over three years was clearly explained, helping businesses understand both immediate and long-term obligations.
Key takeaways included a deeper understanding of:
The specific sustainability reporting requirements under the amended Corporations Act
The regulatory framework and enforcement mechanisms
Practical steps businesses should take to prepare for compliance
The inclusion of a live Q&A session was particularly valuable, as it allowed attendees to seek clarification on their unique concerns. The presenters, MTAA and PWD, demonstrated strong expertise, delivering the information in an accessible and engaging manner.
Overall, this webinar proved to be an essential resource for MTAA members navigating the new climate disclosure landscape. The session successfully balanced legislative detail with actionable advice, making it a must-attend for businesses preparing for the upcoming reporting requirements.
