‘Biggest change to company reporting in a generation’ strides on
Australian Senator Andrew Bragg predicts compliance costs could potentially reach A$2.3 billion annually to the economy.
The Senate inquiry into climate related disclosure has recommended that Parliament pass the Bill in its current form.
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Late last Friday afternoon, Australia's Senate Standing Committee on Economics released a positive inquiry report into a Bill that mandates climate related disclosures in the country, making it likely that companies will have a new reporting regime to contend with in the near future.
MinterEllison
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