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July 2024 ESG Policy Update—Australia

Australian Update - Proposed Code of Practice to Reduce Modern Slavery Through Lending, Investment and Asset Management - The New South Wales (NSW) Anti-Slavery Commissioner (Commissioner) recently released its discussion...more

ESG—Australia – Climate-Related Financial Disclosures: Updated Bill

On 27 March 2024, the Australian Government published the first reading draft of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (New Bill), which superseded the previous exposure...more

March 2024 ESG Policy Update—Australia

Australian Update - Australian Securities and Investments Commission Continues Greenwashing Enforcement Efforts - On 28 February 2024, the Australian Securities and Investments Commission (ASIC) reported that an outsourced...more

February 2024 ESG Policy Update—Australia

Australian Update - Draft Legislation – Climate-Related Financial Disclosures The Australian Government has released Treasury Laws Amendment Bill 2024: Climate-related financial disclosure, which is draft legislation...more

December 2023 ESG Policy Update - Australia

Australian Update - ASIC to Focus on Net Zero Statements and Targets - On 21-22 November 2023, the Australian Securities & Investments Commission (ASIC) hosted the ASIC Annual Forum, outlining: The progress and outcomes ASIC...more

ESG Policy Update – Australia

Australian Update - Warnings Issued About Active Investment Greenwashing As reported by the Australian Financial Review, Australian Securities and Investments Commission (ASIC) has warned that superannuation funds who justify...more

Australia's Modern Slavery Act - A 'Stroll to Slightly Higher Ground' Rather than a 'Race to the Top'? The Final Report of the...

The McMillan Report (Report) of the statutory review of the Modern Slavery Act 2018 (Cth) (Act) was released on 25 May 2023. The Report makes a total of 30 recommendations principally directed to enhance and strengthen the...more

The New Australian Modern Slavery Register

As a world first and in a milestone step, on 27 November 2020, the Australian government's publicly accessible Online Register for Modern Slavery Statements uploaded the first tranche of statements under the Modern Slavery...more

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