Companies can now opt-in to the Corporate Emissions Reduction Transparency (CERT) report, where they can join industry leaders in publicly disclosing their progress towards climate-related commitments.
The Clean Energy Regulator (CER) Chair David Parker says he welcomes eligible companies to participate in the 2024 CERT report which is now entering its third year.
'Consumers, shareholders and supply chains increasingly want to know what companies are doing in the battle against climate change and to ensure their companies thrive in a carbon constrained world. With continuing community and regulatory attention on emissions reductions and renewable energy use, now is the time to act.'
In last year's CERT report, 25 of Australia's largest companies voluntarily shared 69 of their climate-related commitments. Those companies represented 21% of all scope 1 emissions reported to the CER during 2021-2022 and cover a broad range of sectors.
Mr Parker says these companies are at the forefront of transparent reporting and setting the example for others.
'Participants from previous years' CERT reports have told us that the report promotes standard approaches, increasing transparency, and improved disclosure accuracy.
'We continue to engage with industry stakeholders and evolve the report's design, ensuring a user-friendly framework for companies to present their data in one place.'
Participation in the CERT report is voluntary and open to companies reporting above 50 kilotonnes of carbon dioxide equivalent under the National Greenhouse and Energy Reporting Act 2007.
Companies can opt-in from today and uplift their climate-related reporting capability in advance of proposed mandatory disclosure obligations.
An information webinar will be held in November. Companies can opt-in from now until 31 January 2024. The report will be published in mid-2024.
Contact: media@cleanenergyregulator.gov.au or 02 6159 3448