Climate-related disclosure and governance trends of the ASX50 in 2021

2021 saw a fundamental shift in how some entities approach climate-related reporting and governance.

Our report on climate-related disclosure and governance trends of the ASX50 in 2021 includes:

• key trends, including greater rigour being applied to climate reporting, more entities reporting against the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations and the Sustainability Accounting Standards Board (SASB) standards, and a shift in focus from setting net zero targets (now that most entities have done so) to setting interim and scope 3 targets, and showing progress towards targets;
• commentary on some key developments last year and so far this year, including significant updates to TCFD guidance and further movement towards a single global baseline for climate-related disclosures; and
• our key predictions for 2022 and beyond.