Mandatory climate reporting has officially arrived for Australian businesses and with it, a monumental change to the corporate reporting landscape. The introduction of AASB S2 Climate-related Disclosure (AASB S2) to the Australian regulatory landscape from January 2025 provides a catalyst for Australian businesses to ensure climate risk is embedded at the heart of corporate strategies and decision making.
In essence, becoming an integral and accepted part of corporate processes and governance. In response, the TCS GoZero Hub, a collaboration between TCS and Macquarie University, have produced the ‘Value Of Integrating Climate Risk In Business’ report which helps Australian businesses understand the benefits of viewing climate risk management through a value driven lens rather than focusing on compliance and disclosure in isolation.
