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Directors face multimillion-dollar penalties for climate reporting failures

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Project description

New legislation will require companies to report greenhouse gas emissions and progress towards net-zero targets, writes UNSW Business School's Pamela Hanrahan. Large businesses will have to publicly disclose detailed information about what they are doing to reduce carbon emissions and other climate-related financial information under legislation before federal parliament. Under the new legislation companies will have to include a separate sustainability report in their annual report.

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