6,000 Australian companies face mandatory climate disclosure rules from Jan, aligning with International Sustainability Standards Board guidelines.

6,000 Australian companies, including listed and unlisted firms, financial institutions, and asset owners, face mandatory climate disclosure rules from January, impacting more businesses than in NZ, HK, and Singapore. Australia's new rules, aligning with International Sustainability Standards Board guidelines, aim to move the country from a climate policy laggard to a global leader. However, concerns about compliance have "paralyzed" some Australian organizations.