Financial Markets Conduct (Requirement to Include Climate Statements in Annual Report) Exemption Notice 2023

The Financial Markets Conduct (Requirement to Include Climate Statements in Annual Report) Exemption Notice 2023 provides relief to listed issuers and registered banks who are Clime Related Entities (CREs) from the requirement to include in the annual report a copy of or link to the climate statement.

The climate reporting entity must include, in its annual report for the period ending on the balance date,

• the address of (or a link to) the Internet site where a copy of the climate statements or group climate statements prepared by the entity under any of sections 461Z to 461ZB of the Act will be accessible; and
• the date that a copy of those statements will be accessible at that address or link, which must be a date no later than the date by which the entity is required to lodge those statements under section 461ZI of the Act.

The exemption applies to all climate statements for accounting periods that end while the Exemption is in force from 8 December 2023 to 7 December 2025. All exempted CREs will get two years (i.e. two reporting cycles) of relief under this exemption.

Download the Financial Markets Conduct (Requirement to Include Climate Statements in Annual Report) Exemption Notice 2023, PDF