AGL Energy (AGL) welcomes the opportunity to comment Treasury’s second Climate-related financial disclosure (CRFD) consultation paper.

The importance of transparent disclosure of climate-related risks

AGL has significant experience relating to climate-related financial disclosures in Australia. In recent years, AGL has sought to play a leading role in the way business engages on the critical issue of climate change, and we have been a proud leader in corporate climate disclosures.

Based on our experience with these types of disclosures, we are supportive of this framework development and how it will feed into the Treasury’s sustainable finance agenda, improving transparency for markets and encouraging the investment that will underpin Australia’s transition to a net zero emissions economy.

A copy of AGL’s submission to the Treasury’s second climate-related financial disclosure consultation paper is available here.