In the latest episode of Corrs’ Essential ESG podcast, Sophie Parr is joined by partners Anna White and Kate Gill-Herdman to discuss Australia’s mandatory climate reporting regime and unpack the lessons learned following the first cycle of reporting.

Sophie, Anna and Kate explore the practical challenges faced by Group 1 reporters, including the significant uplift in climate literacy, the need for multidisciplinary internal teams, and the complexities of applying AASB S2 in large corporate groups, particularly where Australian subsidiaries sit within global structures.

The conversation examines directors’ duties under the Corporations Act, the new declaration requirement, and the transitional liability settings. Kate and Anna discuss how boards can prepare, including ensuring robust governance and verification processes, and maintaining defensible sustainability records. They provide practical guidance such as assessing reporting thresholds early, clarifying internal accountability, and resolving threshold legal issues upfront to avoid downstream challenges.

The episode also highlights ASIC’s early observations on reporting quality and the heightened greenwashing risks arising from inconsistencies between sustainability reports, financial statements and external communications.

This episode will be of interest to directors, general counsel, sustainability leaders, risk and compliance professionals, and organisations preparing for mandatory climate reporting under the framework.

Essential ESG is a podcast series presented by Corrs that breaks down topical issues affecting the rapidly evolving environmental, social and governance landscape in Australia and beyond.

In the latest episode of Corrs’ Essential ESG podcast, Phoebe Wynn‑Pope is joined by Caroline Marshall to explore Australia’s new Scams Prevention Framework and its implications across the financial services, telecommunications and digital platform sectors.

Phoebe and Caroline discuss why scams have become a pervasive and systemic issue in Australia, and why the Government has adopted a new “whole‑of‑ecosystem” regulatory approach that goes beyond traditional bank‑centric models seen in other jurisdictions.

The conversation examines key features of the regime, including the reasonable steps obligation, the allocation of regulatory oversight across the ACCC, ASIC and ACMA, and the emerging dispute resolution model. It concludes with practical guidance for organisations preparing for the new regime, including the importance of documenting controls, planning for internal dispute resolution, and adapting governance frameworks as scam risks and technology evolve.

This episode will be of interest to directors, compliance and risk professionals, and organisations operating in regulated sectors preparing for the commencement of the Scams Prevention Framework.

Essential ESG is a podcast series presented by Corrs that breaks down topical issues affecting the rapidly evolving environmental, social and governance landscape in Australia and beyond.

In the latest episode of Corrs’ Essential ESG podcast, Dr Phoebe Wynn‑Pope is joined by Dr James Cockayne, NSW Anti‑Slavery Commissioner, for a timely discussion on the State’s evolving approach to modern slavery risk management.

Phoebe and James explore the origins and mandate of the Commissioner’s role and unpack how NSW is operationalising mandatory modern slavery due diligence across more than 450 public sector entities. The Commissioner discusses the development of the reasonable steps framework, its alignment with global human rights standards, and what it means for government buyers and suppliers operating across high‑risk, complex supply chains.

The conversation also touches on insights from the Commissioners landmark monitoring probe into EVs and lithium‑ion battery procurement, including key findings, systemic issues identified in the reports, and the growing need for coordinated, whole‑of‑government capability to address modern slavery risks in critical supply chains.

This episode provides practical guidance for organisations navigating modern slavery obligations and highlights why modern slavery risk is increasingly a mainstream governance issue for both public and private sector entities.