This report highlights examples of best practice and gaps in reporting, provides a snapshot of Taskforce on Climate-related Financial Disclosure (TCFD) adoption rates and an insight into how companies are setting objectives for meeting the Paris Agreement. It also examines the disclosure, comparability and depths of climate scenario analysis and physical risks assessments.

Analysis of public reporting by ASX200 companies up to 31 March 2022 (“2021 reporting”) found that management and disclosure of climate-related risks and opportunities has continued to significantly improve. However, key challenges remain for companies in strengthening the standard of reporting so investors can adequately assess how strategies are aligning with the Paris Agreement goals.