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Full Implementation
Group 3 entities (100+ employees, $25M+ assets) enter the regime, completing the rollout.
Group 2 Expansion
Medium-sized entities (250+ employees, $500M+ assets) begin their mandatory reporting obligations.
First Reports Released
The first wave of climate-related financial disclosures hits the market, triggering a reassessment of corporate risk.
Group 1 Commencement
Australia's largest entities begin their first mandatory reporting period.
Legislation Passed
The Treasury Laws Amendment Bill 2024 receives Royal Assent, establishing the mandatory framework.
The Australian Labor government's mandatory climate-related financial disclosure regime is fundamentally altering corporate reporting standards as the first wave of large entities begins releasing detailed environmental impact data. This regulatory shift, aligned with global standards, forces thousands of companies to account for climate risks and emissions across their entire supply chains.