2023 a Key Year for Safeguard Reform Sustainability Disclosure

There is no doubt that 2023 has been a significant year for climate law and policy reform, both in Australia and overseas. For Australian businesses, few reforms have been more noteworthy than the introduction of long-awaited changes to the Emissions Reduction Safeguard Mechanism, and the ongoing development of global and domestic climate, sustainability and nature-related risk disclosure standards. Here, we recap on these key developments and what they mean for Australian businesses as we approach the end of the year.