Australia
The PRI welcomes AASB’s draft ASRS standards as it represents an important step forward in the Australian Government’s efforts to ensuring that markets have access to high-quality and comparable information that will enable them to assess climate-related financial risks. We especially welcome proposals where AASB seeks to maintain the IFRS S1 and S2 as a global baseline and make additive improvements. Meanwhile, we also consider improvements where the Australia-specific adjustments appear inconsistent with the intention to adopt a global baseline.