Source · Select Committees · Environmental Audit Committee
Recommendation 16
16
Paragraph: 102
Government intentions for Sustainability Disclosure Requirements and mandatory international standards are welcomed.
Conclusion
We welcome the Government’s intentions for Sustainability Disclosure Requirements (SDR). As part of that framework, we welcome the Government’s intention to incorporate International Sustainability Standards Board (ISSB) standards and make them mandatory, its consultation on reporting scope 3 greenhouse gas emissions, and its intention to adopt the Taskforce on Nature-related Financial Disclosures (TNFD) reporting. Having internationally-aligned standards such as the ISSB standards is vital for reducing the risks of greenwashing and carbon financing leakage.
Paragraph Reference:
102
Government Response
A response document is linked to this report, dated 23 February 2024. Response attribution to this conclusion has not been verified. Read the response document ↗