Is your business ready for sustainability reporting?

Mandatory climate reporting began in early 2025, Australian businesses must act now to understand their reporting obligations and prepare accordingly.

Whether you're a Group 1 company required to report immediately or a Group 2 or 3 business preparing for compliance over the next few years, understanding your current position, identifying gaps, and planning your transition is critical.

Climate reporting: a long-term business advantage

There’s no denying that climate reporting is here to stay. Despite shifting political landscapes in the Northern Hemisphere, Australia’s approach remains sensible, pragmatic, and focused on long-term business success.

Rather than seeing climate and sustainability reporting as a burden, Australian businesses should recognise it as:

• A pathway to operational efficiency
• An opportunity to build trust with investors, customers, and stakeholders
• A key factor in long-term resilience and competitiveness
  

“Sustainability reporting shouldn't hold businesses back—it should demonstrate their commitment to the future.”
Liam Murphy 

The risk of delay

Some businesses may be tempted to wait until the last minute, but rushing climate reporting can lead to serious challenges, including:

• Limited access to resources and expert guidance
• Difficulties in gathering and validating data
• Increased compliance risks
• Missed opportunities for competitive advantage

Starting now allows businesses to:

• Align their processes with Australian Sustainability Reporting Standards (ASRS)

• Ensure they have access to the right expertise and tools

• Avoid last-minute compliance headaches

Why Australia’s approach stands out

Australia’s approach to climate reporting offers stability and consistency. Our balanced, well-structured framework allows businesses to:

• Implement reporting standards without excessive regulatory burden
• Maintain strong business growth while improving sustainability practices
• Future-proof operations against climate-related financial risks

It’s a measured, practical approach—and one that positions businesses for long-term success.

“We’re not overreacting or backtracking—we’re taking a sensible, future-focused path.”
Jim Allenby

What should businesses do now?

With ASRS requirements in place since 1 January 2025, businesses need to:

• Assess their current sustainability and climate reporting position
• Identify data gaps and align internal processes with ASRS standards
• Engage experts to navigate compliance and strategic opportunities
• Prepare for investor and supply chain expectations
• Communicate sustainability efforts effectively to stakeholders

If your business hasn’t started preparing, the time to act is now.

We specialise in guiding businesses through this transition—ensuring compliance while maximising strategic benefits.