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.

Concurrently, the New Vehicle Efficiency Standard took effect to promote cleaner cars and reduce climate pollution from new vehicles, aiming to cut 20 million tonnes of emissions by 2030.

Chris Evans was appointed as Australia’s first Anti-Slavery Commissioner, tasked with promoting compliance with the Modern Slavery Act and supporting victims of modern slavery.