Mandatory reporting is coming. Are you ready?

In Australia, mandatory sustainability reporting is set to be phased in starting from 2025. Large entities that will need to conform include those meeting specific criteria under the Corporations Act.

 

 

These requirements will apply to large businesses and financial institutions, including those that are National Greenhouse and Energy Reporting (NGER) reporters and certain registered schemes and superannuation entities. The first group will start reporting for financial years beginning on or after the 1st of January 2025.

 

 

These criteria are based on revenue, assets, and employee numbers. Here are some examples of the thresholds:

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Group 1: Entities with consolidated revenue of $500 million or more, end-of-financial-year (EOFY) consolidated gross assets of $1 billion or more, or EOFY employees of 500 or more.

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Group 2: Entities with consolidated revenue of $200 million or more, EOFY consolidated gross assets of $500 million or more, or EOFY employees of 250 or more.

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Group 3: Entities with consolidated revenue of $50 million or more, EOFY consolidated gross assets of $25 million or more, or EOFY employees of 100 or more.

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A Comprehensive Platform to Achieve your Sustainability Goals

Earthwise Analytics uses GRI (Global Reporting Initiative) to achieve the ISSB (International Sustainability Standards Board) requirements. It enables organisations to identify the most impactful improvements to decarbonise whilst achieving accurate compliance reporting. Earthwise Analytics drive an information-driven culture with robust reporting tools, align stakeholders for a unified sustainability vision and support team engagement, ensures compliance, fosters innovation, and combats greenwashing. Key features include:
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Power Core Data Accelerator

Facilitates quick ingestion and export of data for immediate use.
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Automated Utility Bill Ingestion

Saves time by automating the collection and collation of utility bill data.
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Real-time ESG Insights

Offers real-time environmental, social, and governance (ESG) state insights and reporting capabilities.
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Comprehensive Sustainability View

Offers a complete view of a company’s sustainability efforts with customisable dashboards and reporting features.
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Seamless Integrations

Open architecture allows for easy data ingestion from existing systems into sustainability reports.
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Visualisations

Provide visual insights to help reduce emissions and energy costs and informs decarbonisation priorities.
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Actionable Insights and Alerts

Delivers insights for reducing emissions and energy costs, with real-time alerts when sustainability targets are not met.
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Others

Additional benefits include expert support, automated real-time alerting for platform or pipeline failures, and optimisation of information to achieve objectives, all while maintaining a strong security posture.

Platform in Action

 

 

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Implement with ease, scale with confidence.

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PHASE 1: Pre-Work <15 Days

Discovery & design, align business & stakeholders and identify use cases. Deliverables: Executive summary, detailed plan of action, high-level design, use 2 cases-e.g. bill ingestion, carbon calculator.
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PHASE 2: Earthwise Analytics Deployment

Deploy landing zone & Earthwise Analytics infrastructure and modules, ingest, transform and calculate emissions. Deliverables: Landing zone + 2 use cases, secure analytics platform, configurable sustainability application, GHG calculator module.
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PHASE 3: Continuous Improvement

AWS hosting, Scout Warrior (observability) Deliverables: Activity recording and emission calculation, additional use cases (to be priced), emission reporting, sustainability goal setting and tracking.

Contact us today!

Ready to start achieving your sustainability goals? Our team of experts are here to guide you.

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