Paul Schoff

May 6, 2024 | lexology.com | Paul Schoff

Key takeaways from the Senate Committee Report. Key takeoutsThe Labor controlled senate committee inquiry into the Bill to establish the framework for the proposed mandatory climate risk and opportunity disclosure regime has (perhaps unsurprisingly) recommended the passage of the Bill without amendment.

Apr 25, 2024 | lexology.com | Paul Schoff

ASIC expects business not to wait for the new mandatory climate reporting regime to be enacted, but to start preparing now.  'You have to do this now'Ahead of the imminent introduction of new ISSB-aligned mandatory reporting requirements in Australia (read: Mandatory climate reporting in Australia | Landmark Climate Disclosure Bill introduced), the message from Australian Securities and Investments Commission (ASIC) Chair Joe Longo to in-scope entities is clear:'you have to do this now.

Apr 23, 2024 | minterellison.com | Paul Schoff

'You have to do this now'Ahead of the imminent introduction of new ISSB-aligned mandatory reporting requirements in Australia (read: Mandatory climate reporting in Australia | Landmark Climate Disclosure Bill introduced), the message from Australian Securities and Investments Commission (ASIC) Chair Joe Longo to in-scope entities is clear: 'you have to do this now. It’s simply not an option to put this off until after legislation has passed, and then scramble to comply.

Dec 13, 2023 | lexology.com | Miranda Noble |Sarah Barker |Paul Schoff |Charlotte Turner |Tatum Joseph

The ACCC has released its long-awaited final guidance for businesses making environmental claims about their products, services or the business itself. Key takeoutsThe ACCC has released its final guidance on making environmental claims, establishing eight key principles to follow to mitigate the risk of greenwashing. Enforcement action is expected to increase, with the ACCC foreshadowing the potential use of Section 155 notices, substantiation notices, infringement notices and penalty proceedings.

Dec 12, 2023 | lexology.com | Paul Schoff |Haydn Flack |Miranda Noble |Charlotte Turner

The NZCC has released guidelines on the application of competition law to collaboration on sustainability initiatives. We hope for something more, but expect similar from the ACCC in 2024. Key takeoutsThe New Zealand Commerce Commission (NZCC) is the latest of many antitrust regulators around the world to release Collaboration and Sustainability Guidelines.