The Federal Government released a revised Climate-related Financial Disclosure Consultation Paper (CFD Paper) on 24 June 2023, which coincided with the release of the ISSB's Sustainability Standards S1 and S2. The CFD Paper builds on the Government's discovery consultation process that occurred between 12 December 2022 and 17 February 2023.

The CFD Paper notes that assurance plays an important role in enhancing the credibility of climate disclosures but highlights material gaps in the assurance industry to provide assurance services for mandatory financial related climate disclosure. (You might want to use this as a guideline in better understanding ISSB's Sustainability Standards)

Required

Refer to the FY23 Sustainability Data Pack for Transurban Group (ASX:TCL) with a focus on the Energy, Waste/Recycling and Water reporting sections.

1. You are required provide a report that identifies challenges (including sample selection procedures) for assurance providers to provide assurance services for mandatory financial related climate disclosures which would be based on the non-financial data in the Transurban Sustainability data pack.

2. In providing your report under point 1 you should identify the challenges for assurance service providers in the literature and then make specific reference to any examples from either Energy, Water/Recycling or Water reporting from Transurban Group that support the literature.

please refer to Transurban annual report 2023

Answer rating: 100% (QA)

Based on the provided information heres a report addressing the challenges for assurance providers to provide assurance services for mandatory financialrelated climate disclosures based on the nonfina... View the full answer