Avoiding greenwashing: ACCC and ASIC
Making environmental and sustainability claims (e.g., eco friendly) expose companies to the risk of greenwashing.
Let's talk sustainability
Let's talk sustainability includes articles and publications detailing current sustainability and ESG insights. Helping companies place sustainability at the centre of their business and address their sustainability strategies.
To receive our quarterly sustainability newsletter direct to your inbox:
Insights
Leveraging COSO principles for ESG reporting
The International Federation of Accountants (IFAC) has published Building Trust in Sustainability Reporting: The Urgent Need for Integrated Internal Control to address the demand for high-quality sustainability reporting and to prepare accountants for mandatory international and jurisdictional reporting and assurance requirements.
Sustainability Nudge - Insights from behavioural
Although many companies are aware that sustainability is increasingly becoming a pressing issue which needs to be addressed, the path may seem daunting and uncertain. The number of Environmental, Social and Governance (ESG) topics such as diversity and inclusion in the workplace, carbon emissions or biodiversity can be overwhelming and are unchartered territories for many organisations.
Overview of mandatory climate reporting in AU
Building upon the success of the Task Force on Climate-related Financial Disclosures (TCFD), climate disclosures are becoming more widespread around the world and Australia is following the trend.
Navigating sustainable real estate
The real estate sector faces increasing demands to significantly change its modus operandi and decarbonise. It has become a priority to drive the sector towards a more positive transformation, which strives to better respond to the ESG criteria. How effective has this transition been so far?
How European ESG changes may affect market access
Australian companies that export cement, iron & steel, aluminium, fertiliser, hydrogen and electricity to the European Union (EU) are on warning. They will need to accelerate their transition to a low-carbon future or risk losing competitiveness; or even access, to the EU market.
Assessing the impact of the CSRD on non-EU groups
The European Union’s (EU) Corporate Sustainability Reporting Directive (CSRD) includes an extra-territoriality principle that widens the population of companies subject to sustainability reporting to non-EU groups and their EU subsidiaries. The objective is to maintain a level playing field for all economic players operating in the European market.
ESRS Set 1: What companies should know to prepare
As a framework for sustainability reporting, the first set (“Set 1”) of European Sustainability Reporting Standards (ESRS) lay the foundations of the standardised common language for sustainability-related matters throughout Europe.
The CEFC - primary producers
Clean energy advancements present significant opportunities for agricultural producers looking to both reduce operational costs and improve the operation's environmental footprint.
Tax concessions: ACCUs & biodiversity certificates
As part of the Government’s COP26 pledge to reach net zero emissions by 2050 and to further encourage carbon abatement activities, a range of tax concessions are effective from 1 July 2022.
Solar panel considerations and funding options
Australia has the highest average solar radiation per square meter of any continent in the world. This means when it comes to solar energy production, Australia has an inherent natural advantage.
Carbon farming eligible projects
Part 1 of the Carbon Farming Series gave an overview of the carbon market, but you may be wondering, how exactly does a farmer sequester or abate carbon? The purpose of this blog is to provide an overview of the common carbon farming projects seen within the market.
Carbon farming - an overview
Post COP26 the Australian government has furthered its commitment to being carbon neutral by 2050, where a crucial contributor in this transformation will be the agricultural industry.
Opportunities for agricultural businesses in the
Australian agricultural landholders are to play an important role in sequestering carbon from the atmosphere, at the same time improving biodiversity and generating alternate income streams for their operations.
Climate-related disclosures in Australia
The Australian Accounting Standards Board (AASB) is working on reviewing certain sustainability reporting rules (IFRS S1 and S2) and has shared some important information about how companies in Australia will disclose climate-related information.
Net Zero Authority ESG opportunities
On May 5th, 2023, the Climate Change and Energy Minister Chris Bowen from the Albanese Government published a media release on a national Net Zero Authority, which presents further ESG opportunities especially those in Regional Australia.
Banks’ response to climate change risks
Mazars has analysed how 30 of the largest banks worldwide have been handling climate-related financial risks.
Tackling climate change: Mazars – OMFIF report
Mazars and the Official Monetary and Financial Institutions Forum (OMFIF) are proud to have come together to produce a global report providing unique insight on current and upcoming financial regulatory evolutions aimed at tackling climate change. What policy adjustments are being undertaken in different jurisdictions around the world to assess and control climate risks? How are these actions likely...
Sustainable, smart, and synchronised
Mature markets are experiencing a shift in consumer demand patterns as consumers move away from traditional products and services towards those consistent with environmental, social, and governance goals. Our study ‘Sustainable, smart, and synchronised’ explains how consumer companies can harness ESG and digital transformation to thrive in this changing environment.
Sustainable finance practices stocktake
Financial institutions have a leading role to play in shaping our sustainable future, and a strong need to reboot and shift to a more responsible finance model. As a core component of the economy, they bear the responsibility of upholding rigour and resilience in their risk management. With time running out to achieve a move towards nature-positive outcomes, what sustainability progress have banks...
C-suite barometer 2023: ESG insights
With sustainability rising to the top of the C-suite agenda for planned investment, our C-suite ESG insights report explores the current sustainability trends, priorities and challenges for businesses.
ESG: where are you on the journey?
As environmental, social and governance (ESG) issues rise in global importance and increasingly dominate the business narrative, the Mazars report 'ESG: where are you on the journey?' sets out choices and pathways for companies of all sizes and sectors as they look to embark on the transition to a more sustainable business model.
A practical guide on sustainability
With societal expectations increasingly permeating corporate governance, companies need to evolve their business models to embrace lasting value creation that benefits not only the shareholders, but also internal and external stakeholders as well as wider society.
New International Financial Reporting Standards
It’s very likely that Australian companies will be required to report more stringently on their sustainability and climate risks.
The business case for lower emissions
An acronym on the lips of an ever-increasing number of businesses is ESG – Environmental, Social and Governance. Much of the focus on the environmental component is reducing carbon emissions.
Want to know more?
Matthew Beasley Partner Brisbane
Damien Lambert Head of Sustainability Services Melbourne
Jim Mascitelli Partner Sydney
Want to know more?
Enquiry form
At Mazars, we place the highest priority on maintaining open communication and responsive client service. Our professionals are committed to providing timely support on audit, accounting, tax, and advisory matters.
Sustainability
Helping companies place sustainability at the centre of their business.