Commonwealth Climate Disclosure is the Australian government’s policy for Commonwealth entities and Commonwealth companies to publicly report on their exposure to climate risks and opportunities, as well as their actions to manage them, delivering transparent and consistent climate disclosures to the Australian public.
Non-corporate Commonwealth entities are required to complete climate disclosures. Corporate Commonwealth entities, and Commonwealth companies that are not required to prepare a sustainability report under section 292A of the Corporations Act 2001, are encouraged to complete climate disclosures. It is intended that the policy be mandated through amendments to section 516A of the Environment Protection and Biodiversity Conservation Act 1999 in the future. Commonwealth companies that are required to prepare a sustainability report under section 292A of the Corporations Act 2001, are subject to that initiative.
