Governance, Compliance & Reporting

Operate ethically and transparently in a world that now demands it

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We’ll help make sure you comply with relevant regulations and standards, including the new Australian Sustainability Reporting Standards (ASRS).

Integrating sustainability and business ethics into you core operations is not just a choice, it is the key to a prosperous and sustainable future.

Governance

In the context of carbon reduction, getting your governance right ensures there is clear accountability, oversight and strategic direction for sustainability initiatives.

We can help establish a governance structure with defined roles and responsibilities, implementing ethical principles and fostering a culture of integrity and sustainability within the organisation.

Strategy

Having a comprehensive strategy is a major contributor to business outcomes, in a structured manner, we assist the business leaders in collating the inputs of key stakeholders, achieving organisational alignment and commitment to the future objectives and establishing SMART action plans with an aligned budget and deliverables.

Risk management

Risk management is crucial for companies seeking to reduce their carbon footprint. By proactively addressing these risks, companies can safeguard their operations, finances and reputation.

Through risk assessments, we can help you seize opportunities in the transition to a low-carbon economy. By implementing robust risk management strategies, companies can enhance their resilience, ensure compliance with evolving regulations and better navigate uncertainties to thrive in a net zero world.

Metrics & targets

Having an understanding of current performance for essential emission metrics is a key step to establishing realistic future targets that are aligned with strategy and compliance requirements and provide a point of difference in a competitive market.

We can assist your organisation in determining the appropriate lead and lag metrics and targets that are measured in totality and relative to the business output with systems to regularly track progress and support the reporting to key stakeholders.

Compliance

Compliance means adhering to applicable laws, regulations and standards related to carbon reduction and sustainability.

In Australia, organisations are subject to various regulations and reporting requirements aimed at reducing greenhouse gas emissions and promoting sustainable practices.

Australian Sustainability Reporting Standards (ASRS)

The ASRS are a set of guidelines and principles developed by the Australian Accounting Standards Board (AASB) to promote consistent and transparent sustainability reporting among Australian organisations.

These standards provide a framework for disclosing environmental, social and governance (ESG) performance, including carbon emissions, energy usage and other sustainability metrics.

Reporting

Reporting is the process of communicating your organisation’s sustainability performance to internal and external stakeholders. This includes documenting carbon reduction initiatives, progress towards targets and environmental impacts associated with your operations.

With the introduction of the ASRS, reporting will become more standardised and comprehensive, requiring organisations to disclose additional information about their sustainability efforts.

We can play a critical role in assisting clients with collecting, analysing and reporting relevant data in accordance with the ASRS.

Risk management

Risk management is crucial for companies seeking to reduce their carbon footprint. By proactively addressing these risks, companies can safeguard their operations, finances and reputation.

Through risk assessments, we can help you seize opportunities in the transition to a low-carbon economy. By implementing robust risk management strategies, companies can enhance their resilience, ensure compliance with evolving regulations and better navigate uncertainties to thrive in a net zero world.

Verification and assurance

Verification and assurance processes ensure the accuracy and reliability of sustainability reporting. This may involve independent audits or reviews to validate the data and methodologies used in carbon accounting and reporting.

Competitive benchmarking

Competitive benchmarking is crucial for companies seeking to reduce their carbon footprint.

We can make sure you get invaluable insights into national and international industry best practices, identify gaps in performance relative to competitors and set achievable targets for improvement.

Benchmarking not only fosters a sense of accountability but also drives innovation and efficiency by showcasing opportunities for optimisation and cost savings.

Leadership

We’re looking for leaders in this space. This is an opportunity for companies to demonstrate leadership in sustainability, enhance their reputation among stakeholders and stay ahead of regulatory requirements.

Ultimately, you can become an industry leader in the transition to a low-carbon economy.

Ross Mahon
Written by Ross Mahon Director

MBA, GAICD

We make sure your reporting governance meets new Australian Sustainability Reporting Standards

Getting ready now is critical because tighter carbon compliance requirements are rapidly approaching.

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Sustainability Strategy Development Implementation