In the evolving landscape of compulsory reporting, where it is estimated that up to 600,000 businesses ranging from small to large market, there exists an opportunity to position your organisation as a supplier of choice.
This year, legislation will be introduced which will require companies to include sustainability reporting in their financial reports.
A staged approach will see businesses reporting between the FY25 and FY28 years.
As part of compulsory reporting, reporting businesses will require all companies in their supply chain to provide their own carbon emissions footprint.
Carbon Reporting
Climate-related disclosures are becoming a reality, and Prime believes that every business should have the tools and accessibility to produce credible reports on their carbon footprint easily, quickly, and cost effectively.
The Prime Carbon Reporting Tool puts the data into your hands to manage your carbon footprint, identify areas of opportunity for reduction and we can also help you managed your offsets across a portfolio of over 100 certified offset projects.
As a Supplier to a Reporting Client
Businesses that are not yet required to report to ASIC, but that work with larger organisations that are required to report, will be asked by their clients to provide carbon reporting as part of the client company’s Scope 3 up- and down-stream emissions.
Automated Integration
Our integration between Xero and the Carbon Accounting Tool makes reporting simple and easily accessible for businesses, no matter their size, to report on their carbon footprint and set reduction goals.
What's Included in the Prime Carbon Accounting Tool?
- The Opportunity to access our Carbon Accounting platform
- An accountant to manage the data reporting process
- One-hour feedback session with Prime ESG Advisory to understand your carbon footprint, impact and areas of opportunity for reduction
- A 12 months carbon report for your business
- Internationally recognised, baseline reporting aligned with GHG protocol
- Offsetting opportunities
- Carbon measured badge and collateral to use in communications and marketings
If you are interested in ensuring your business is ready for compulsory reporting and to drive your competitive advantage, get in touch today.
Megan Fleming, Commercial Director - Prime ESG Advisory at meganf@primefinancial.com.au.