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ARTICLE · 05 JUNE 2024

ESG updates - perfection not expected, but continuous improvement is

Summarises key Environmental, Social & Governance updates impacting government agencies.

AustraliaEnvironment

The Environmental, Social and Governance (ESG) space has seen several significant developments over the past year. NSW has seen guidance on modern slavery reporting further refined, signalling the importance of this issue, especially for government agencies. We've also seen huge strides towards developing a universally recognised and consistent international framework on ESG reporting. Within Australia, the focus on greenwashing (particularly in financial products) has never been more front of mind for regulators.

This article summarises key ESG updates impacting government agencies.

A quick refresher - ESG from a government lens

ESG factors play a crucial role in evaluating sustainability efforts. When applied to government agencies, ESG encompasses:

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