PKF Gold Coast To Host Exclusive Workshop To Help Future-Proof Australian Businesses
By Julius Ewudo, Cyber Era NG ASEAN Region Representative
Gold Coast, Queensland -PKF Gold Coast and sustainability experts PKF Parvate will be co-hosting an exclusive workshop next week, helping to prepare businesses for significant changes in government regulations that will impact their operations.
Businesses across Australia are currently coming to grips with the new Environmental, Social and Governance (ESG) reporting guidelines and the associated Australian Sustainability Reporting Standards, which started coming into effect for certain companies from the 1st January 2025.
They will be joined by medium-sized entities in July 2026, with smaller cohorts following that, in having to navigate through an entirely new reporting environment that will take into account their entire scope of operations.
For PKF Gold Coast Managing Partner Matthew Butler, attending this workshop is critical for any business – small or large- looking to understand and plan for how they identify, manage and disclose climate and sustainability risks.
It is crucial for businesses to understand and plan for this entirely new ESG reporting framework,” said Mr. Butler.
“These changes fundamentally reshape how companies must identify, manage, and disclose climate and sustainability risks. Its impact on business operations cannot be understated, which is why we are hosting this session to educate businesses on how they can prepare for this new regulatory regime.”
To be held on Tuesday 3rd June 2025 at Bond University, this session is part of a national ESG showcase that PKF is hosting with its newly formed sustainability unit, PKF Parvate.
Some of the leading companies in the region will be attending this showcase to learn how the newly formalised Australian Sustainability Reporting Standards (ASRS), will impact their daily operations.
It will also outline how they are aligned with the IFRS S2 guidelines that form part of a new set of global sustainability disclosure standards.
These requirements mandate that entities disclose information in line with internationally recognized frameworks.
Reports must detail the financial impact of climate risks, governance processes, risk management strategies, and emissions data.
Within Australia’s corporate environment the government is seeking to provide investor transparency around climate risk, embed climate responsibility into corporate governance and ensure Australian businesses are globally aligned to markets where companies are enforcing similar disclosures.
For Matthew Butler, it is critical that businesses within the South East Queensland and Northern New South Wales region are proactively planning for these changes and their impact.
“These changes are designed to ensure Australia’s economy remains competitive, credible and improves its climate-resilience,” Butler said.
“It will bring forward significant transformations in terms of how businesses manage supply chains, improve energy efficiency and meet sustainability requirements. This will in-turn have impacts budgetary and other impacts that it is absolutely critical for all organisations – private and public-sector – to start planning now.”
