Member Matters

Treasury climate reporting consultation

23 September 2026

The Treasury review is looking for ways to reduce the cost and complexity of mandatory climate reporting while maintaining the quality and consistency of disclosures. 

It is particularly seeking feedback on: 

• assurance requirements 
• clearer guidance on how reporting requirements, such as without undue cost and effort, should be applied 
• reasonable limits on information requests made to businesses in reporting entities’ value chains 

For members, Scope 3 reporting is likely to be particularly relevant. Treasury is considering whether clearer guidance is needed on what information businesses can reasonably be expected to provide, when secondary emissions data can be used and how to avoid disproportionate compliance costs being passed through supply chains. 

Treasury’s consultation on improving climate-related financial disclosures (closes 2/10/26).

Please contact Sarah.Collier@afgc.org.au to get involved.