Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024

The EDO supports a robust climate-related reporting regime to ensure that disclosures are
accurate, transparent and consistent across all companies that are required to report. This will
provide investors with information they require to assess how climate-related risks and
opportunities impact companies and has the potential to curb greenwashing at a time when it is
prolific. However, EDO is deeply concerned that the Bill significantly strengthens entities’ protection
from liability for greenwashing at a time when urgent climate action is critical.

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