From www.accountingweb.co.uk: Environmental, sustainability, and governance issues have become essential for finance leaders, necessitating their early involvement in ESG policy development to align financial performance with sustainability objectives.… read more
From allens.com.au: Big batteries are gaining traction in 2025 with a surge in project financings, increased investment interest, and diverse revenue opportunities.
he evolving market dynamics, government interventions, and technological advancements are fostering a promising future for Battery Energy Storage Systems.… read more
From publicaccountant.com.au: Mark Babington of the IESBA announced that new International Ethics Standards for Sustainability Assurance (IESSA), effective December 2026, will revolutionize how sustainability information is verified and strengthen ethical requirements for practitioners in Australia.… read more
From www.klgates.com: Mandatory climate-related financial disclosures for Australian companies began on January 1, 2025, requiring Group 1 entities to report on climate risks and emissions, with subsequent groups facing deadlines in 2026 and 2027.… read more
From bdo.com.au: ESG, or Environmental, Social, and Governance, plays a vital role in assessing a business’s long-term sustainability and aligning strategies with stakeholder expectations.
The importance of ESG extends from managing environmental impacts, such as climate change and deforestation, to handling social and governance factors, making it a significant aspect for Australian businesses in enhancing corporate reputation, reducing risks, and identifying opportunities.… read more
From asic.gov.au: ASIC has issued two interim stop orders on Green Planet Recycling Solutions Limited regarding its public offer of redeemable preference shares due to inadequate disclosure in its prospectus and failure to prepare a target market determination.… read more
From www.icaew.com: (UK context) ICAEW’s Sustainability Accelerator Programme focuses on helping accountants build a business case for sustainability service lines, emphasising that sustainability is essential for long-term success rather than just compliance.… read more
From www.sciencedirect.com: This study explores the impact of green innovation on firms’ financial and environmental performance, distinguishing between pollution prevention and pollution control innovations.
It finds that pollution prevention patents are positively associated with improved future financial and environmental performance, driven by increases in sales growth and cost efficiency, while pollution control patents show no such association.… read more
From tractionfintech.com: Australian Carbon Credit Units (ACCUs) are classified as ‘financial products’ but are not subject to reporting under the ASIC Derivative Transaction Rules since they do not qualify as over-the-counter (OTC) derivatives.… read more
From thefifthestate.com.au: The Albanese government in Australia has advanced its Future Made In Australia bill, which includes significant tax credits for green hydrogen production and critical minerals, aiming to promote local jobs and decarbonize industries.… read more
From bdo.com.au: Incorporating velocity into climate-related risk assessments offers businesses a more thorough and effective way to manage potential threats and opportunities.
With a focus on the role of AASB S2 in climate risk disclosure, this examination underscores the importance of understanding the speed at which these risks materialise, advocating for an approach that enhances overall organisational resilience.… read more
From bdo.com.au: This comprehensive guide outlines the legislative requirements and auditing standards for sustainability reporting in Australia, detailing the phased implementation timeline up to 2030.… read more
From www.tglaw.com.au: Australia’s new mandatory climate reporting regime, effective from January 1, 2025, mandates over 6,000 entities to include a Sustainability Report alongside annual financial statements, which details climate-related risks, governance, and metrics concerning greenhouse gas emissions.… read more
From www.icaew.com: (UK context) Tom Seidenstein, Chair of the IAASB, emphasizes the need for collaboration in developing a credible sustainability reporting ecosystem, drawing parallels to established accounting standards.… read more
From www.superreview.com.au: Dugald Higgins from Zenith Investment Partners asserts that environmental, social, and governance (ESG) factors are maturing rather than disappearing, influenced by economic and environmental realities.… read more