Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)

Schedule 4   Sustainability reporting

Part 1   Sustainability reporting

Corporations Act 2001

3   Section 9

Insert:

climate statements means annual climate statements under sections 296A and 296B.

financed emissions has the meaning given by the sustainability standards.

scope 1 greenhouse gas emissions has the meaning given by the sustainability standards.

scope 2 greenhouse gas emissions has the meaning given by the sustainability standards.

scope 3 greenhouse gas emissions has the meaning given by the sustainability standards.

substantive provision , of a sustainability report, means anything required to be included in the sustainability report under subsection 296A(1), other than the directors' declaration mentioned in paragraph 296A(1)(e).

sustainability records includes documents and working papers needed to explain the methods, assumptions and evidence from which the substantive provisions of sustainability reports are made up.

sustainability report means an annual sustainability report required under section 292A.

Note: Sections 296A, 296B and 296D deal with the contents of annual sustainability reports.