As Australia advances towards creating a more sustainable future, businesses all over the country have geared up to embrace this evolutionary route and explore the new business opportunities. The latest Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 has paved the way for a new age of mandatory climate reporting, which positions Australia as a sustainability trailblazer across the world.

In compliance with the International Sustainability Standards Board (ISSB) standards, this breakthrough Act sets up an extensive framework for climate-related financial disclosure. This revolutionary update marks a landmark event for businesses, necessitating them to integrate climate issues into their core operations and reporting procedures.

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