The merger of two international sustainability disclosure regimes will put Australian companies under renewed pressure to improve and standardise their reporting.
A new 10-year strategy developed by Australia's finance sector recommends making both climate risk and sustainability reporting mandatory for listed companies.
Most of ANZ's top-emitting customers have emissions targets or long-term climate plans in place, but many haven't yet adopted good climate-risk disclosure practices, according to a new bank update.
Woolworths will attempt to measure scope 3 emissions linked to customer use of its products, while COVID disrupted its trialling of the sale of unwrapped produce, according to its latest sustainability report.