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flag Australian farmers must track daily resource use for new climate reporting rules starting 2024.

flag Australian farmers must now document daily activities like fuel and electricity use as part of mandatory climate-related financial disclosures. flag Starting in January 2024, companies with over $500 million in revenue or $1 billion in assets—including major food processors, retailers, and banks—must report environmental impacts across their supply chains. flag The rules require consistent, audit-ready emissions data and will expand to cover smaller businesses by mid-2027. flag Farmers are already facing inquiries from buyers and lenders about climate risks, and the system aims to improve sustainability monitoring and industry-wide best practices.

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