As the economy transitions towards net zero emissions, businesses are experiencing increasing pressure to adapt. One of the initiatives introduced by the Federal Government to facilitate Australia’s transition, and to align with international climate reporting standards, is the implementation of mandatory climate disclosures starting from January 1st this year. This includes reporting scope 3 (or supply chain) emissions. Many smaller businesses are finding the evolving requirements around climate and sustainability challenging, including how these changes will affect their operations, and when to embark on their climate journey. This presentation will help to clarify these new regulations, outlining their implications for smaller businesses — including potential data requests — and offers practical tips for how businesses should get started on their climate journey.