Story perspectives

NSW Mandates Climate Disclosures for Government Entities

10/19/2025

Summary

Story summary

New South Wales will require mandatory climate-related financial disclosures for government entities over three years, starting with the most climate-exposed sectors.
Minister for Climate Change Penny Sharpe says the disclosures will improve transparency and accountability in managing heatwaves and floods.
The first comprehensive disclosure is expected next year.
Treasurer Daniel Mookhey says the reforms will aid government decision-making and attract private investment, aligning with global due-diligence trends.

1 of 1

Story summary

New South Wales will require mandatory climate-related financial disclosures for government entities over three years, starting with the most climate-exposed sectors.
Minister for Climate Change Penny Sharpe says the disclosures will improve transparency and accountability in managing heatwaves and floods.
The first comprehensive disclosure is expected next year.
Treasurer Daniel Mookhey says the reforms will aid government decision-making and attract private investment, aligning with global due-diligence trends.