From www.accountantsdaily.com.au: Xero has partnered with carbon accounting software provider Sumday to help small businesses track their carbon emissions more efficiently.
The collaboration offers Xero customers 12 months of free access to Sumday’s tools, allowing them to integrate financial data and streamline carbon accounting processes.… read more
From thefifthestate.com.au: Australia’s carbon market reached an annual traded value of over $1 billion, indicating strong potential for growth and reforms aimed at improving market integrity.… read more
From www.pwc.com.au: On October 1, 2023, the European Union implemented the Carbon Border Adjustment Mechanism to equalize carbon costs and prevent carbon leakage, introducing an Omnibus Simplification Package to ease compliance for small to medium importers.… read more
From jws.com.au: The Product Lifecycle Responsibility Bill 2025 (NSW) establishes a product stewardship scheme requiring brand owners to manage their products’ impacts throughout their lifecycle, with an initial focus on batteries.… read more
From www.claytonutz.com: The Commonwealth Department of Climate Change, Energy, the Environment and Water is inviting submissions on proposed amendments to the National Greenhouse and Energy Reporting scheme, specifically for the Measurement Determination, set to take effect on July 1, 2025.… read more
From hlb.com.au: Many not-for-profit organisations are showing interest in sustainability practices despite not being mandated by new sustainability reporting regulations.
Integrating sustainability can help NFPs respond to donor expectations, attract talent, achieve cost savings, and enhance risk management.… read more
From cpaaustralia.com.au: The global chocolate industry faces significant sustainability challenges, including child labour, climate change, and fair pay for farmers, with over 1.56 million children working illegally in cocoa production.… read more
From asic.gov.au: ASIC has published Regulatory Guide 280 on sustainability reporting, which provides guidance for entities required to prepare sustainability reports under the Corporations Act 2001.… read more
From asic.gov.au: ASIC advises small businesses to prepare for Australia’s new mandatory sustainability reporting requirements, effective 1 January 2025, which apply to large businesses and financial institutions.… read more
From jws.com.au: Mining and oil and gas companies are increasingly procuring Australian carbon credit units (ACCUs), driven by the reduction of baseline emissions under the Safeguard Mechanism and fluctuating market prices.… read more
From thefifthestate.com.au: The 2025 federal budget allocates $33 billion for housing initiatives, including the expansion of the Help to Buy scheme and measures to support renters, such as eliminating no-fault evictions and limiting rent increases.… read more
From hallandwilcox.com.au: The 2025-26 Federal Budget allocates significant funding to support Australia’s renewable energy transition, including $1.5 billion for the Future Made in Australia Innovation Fund and a $2 billion expansion of the Clean Energy Finance Corporation.… read more
From gtlaw.com.au: Sustainability Insights provides a comprehensive overview of current regulations, policies, and best practices in sustainability, offering strategic insights into developments and their implications for businesses and investors.… read more
From www.klgates.com: ASIC has highlighted the need for improved climate-related disclosures to inform investment decisions and scrutinize greenwashing practices amid ongoing market volatility and geopolitical changes.… read more
From www.aicd.com.au: Corporate Australia has largely maintained its climate commitments despite some policy reversals in the US, with Macquarie being a notable exception as it exited a climate initiative.… read more