CLIMATE REPORTING - READY?
VECCI asks Is your business ready for mandatory climate reporting? Noting that mandatory climate reporting is coming. Almost every Australian business, no matter its size, will be impacted by these changes.
What BIAV members might like to consider in advance to be ready for climate reporting changes is to ask these questions.
Do you understand your business’ climate risks and opportunities?
Do you have the competency and capability at a governance and managerial level to navigate the impacts of climate change, including mandatory climate reporting?
What are your business’ major sustainability risks and opportunities?
Are your systems, work processes, staff and data up to the task of responding to a lower carbon business environment and changes in climate reporting?
For most businesses, the answer to some of these questions will be ‘no’. It is anticipated that every business will need to enhance their capability in this area.