Climate Change

Overview

Choose between our selection of climate action programs designed to guide you from measurement to certification. In partnership with Carbon Halo, we provide tailored tech enabled programs to support your emissions compliance and commitment to action. Whether you’re seeking a snapshot or a comprehensive insight into operational emissions across scope 1, 2 & 3, our program works with you to find the right solution inline with your resources and capabilities.

Who is this for?

Our climate action programs are designed for small, medium, and larger businesses looking to:

• Measure their carbon footprint effectively and affordably.
• Navigate emissions compliance requirements and certifications.
• Implement practical solutions to reduce greenhouse gas emissions.
•  Contribute to local and international projects focused on regeneration, biodiversity, renewable energy, and greenhouse gas removal.

In 2024, Australian companies will face stricter carbon disclosure requirements aimed at increasing transparency and aligning with global standards on climate action. Under the Corporate Sustainability Reporting Framework (CSRF), large businesses (with annual revenue over $100 million) and financial institutions will be required to publicly disclose their carbon emissions and sustainability impacts. These disclosures will need to align with Task Force on Climate-related Financial Disclosures (TCFD) guidelines, covering governance, strategy, risk management, and metrics/targets related to climate change.

Key deadlines and requirements:

1. Mandatory Reporting: Companies above the $100 million revenue threshold must disclose Scope 1, 2, and 3 emissions.
2. TCFD Alignment: Reports must include governance, risk management, and financial implications of climate change on the business.
3. Governance: Disclosures must detail board oversight and internal controls for managing climate risks.
4. Strategy & Risk Management: Businesses must assess and disclose both physical and transition risks posed by climate change.
5. Targets & Metrics: Firms will need to set science-based targets for reducing emissions, with clear progress metrics.

Smaller businesses with less than $100 million in revenue are not immediately required to disclose under these rules, but it is encouraged for transparency and future readiness. This push for better carbon reporting aligns with Australia’s broader climate targets, aiming for net-zero emissions by 2050 and ensuring greater corporate responsibility in the face of global environmental challenges.