ESG Transformation: Conversation Series

Episódios

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  The Third Wheel (ESG Australia) EP49: Structuring your Sustainability Report 23.05.2025 28min

  Tim Stutt, Anna Coroneo and Isabella Kelly delve into the integration of sustainability reports into annual reports, exploring the challenges and strategies for clear and effective climate-related disclosures. They cover a broad spectrum of topics including the potential for ASIC relief applications, complexities of cross-referencing and implications of the modified liability regime. They share insights from the latest ASIC sustainability guidance released in March 2025 and practical tips for...
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  The Third Wheel (ESG Australia) EP48: Climate reporting readiness (and welcome back to TTW 2025!) 06.05.2025 21min

  In our first episode of The Third Wheel for 2025, Tim Stutt, Anna Coroneo and Suzannah Hewson explore the key themes and latest trends in climate and sustainability reporting both globally and in Australia. They offer practical advice for companies preparing for new regulatory requirements and conducting climate reporting readiness initiatives, including gaps analysis, data management, and stakeholder engagement. They also explore broader ESG issues, such as integrating ESG into risk manageme...
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  The Third Wheel (ESG Australia) EP47: 2024 (Gift) Wrapped 17.12.2024 21min

  In the final episode of The Third Wheel for 2024, Tim Stutt and Mel Debenham reflect on the year’s ESG developments and look ahead to 2025. They discuss the recent governmental response to the statutory review of the Modern Slavery Act 2018 (Cth); the winding path of nature positive reforms in Australia; preparations ahead of the first year of reporting under the new climate reporting regime; and the growing focus on nature-related disclosures. The episode closes with their thoughts on a poss...
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  Reporting For Duties: ESG Reporting in Australia - Assurance 15.10.2024 11min

  How can companies prepare for the assurance requirements when they’re still a moving target in and of themselves…? In this episode, we talk about the current proposal from the Australian Auditing and Assurance Standards Board (AUASB) for phased assurance (with consultation open until 3 May 2024). We also talk through some practical steps that companies can be taking now to prepare for assurance of climate reporting.
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  Reporting For Duties: ESG Reporting in Australia - Verification 15.10.2024 5min

  The process to test and verify the integrity of climate-related information will be critical in ensuring public disclosures match internal practices, and that claims can be substantiated if challenged. As well as being a baseline expectation of the board, a thorough verification process will be important to substantiate claims and underpin assurance. In this episode, we talk about verification approaches, key learnings so far, and linkages to more fulsome auditing of reports in due course.
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  Reporting For Duties: ESG Reporting in Australia - ASRS: Metrics & targets pillar 15.10.2024 8min

  Climate-related metrics and targets are already a key area of focus for stakeholders, but under the new regime there will be more granularity than has been disclosed in the past. The ASRS metrics & targets pillar requires companies to take the leap towards granular quantitative disclosures (including in relation to Scope 3 emissions). In this episode, we talk about the need for a deep understanding of the related metrics, assumptions, interim targets and contingencies and how they factor ...
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  Reporting For Duties: ESG Reporting in Australia - ASRS: Strategy pillar 15.10.2024 7min

  Disclosure under this pillar is not just headline statements and overarching direction. These mandatory climate-related disclosures will mean that a company’s “strategy” will need to include comprehensive disclosure of how climate considerations are integrated into decision-making. The ASRS strategy pillar requires companies to focus not just on its transition plan and overarching strategic pathway for the company, but also how climate-related risks and opportunities are expected to impact on...
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  Reporting For Duties: ESG Reporting in Australia - ASRS: Governance pillar 15.10.2024 7min

  Board and management oversight of climate issues is not a new concept, but deciphering and disclosing how this occurs in practice is often a challenge. The ASRS governance pillar requires quite granular disclosures of the board and management’s role in overseeing climate-related risks and opportunities. In this episode, we talk about how to articulate accountabilities and reporting ‘flows’ within the business, in a way that will support your disclosures longer term.
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  Reporting For Duties: ESG Reporting in Australia - ASRS: Governance pillar 15.10.2024 10min

  Board and management oversight of climate issues is not a new concept, but deciphering and disclosing how this occurs in practice is often a challenge. The ASRS governance pillar requires quite granular disclosures of the board and management’s role in overseeing climate-related risks and opportunities. In this episode, we talk about how to articulate accountabilities and reporting ‘flows’ within the business, in a way that will support your disclosures longer term.
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  Reporting For Duties: ESG Reporting in Australia - Climate governance frameworks 15.10.2024 9min

  The new reporting regime will be a prompt for companies to critically assess whether existing governance arrangements are ‘fit for purpose’ (and disclosure) in respect of climate impacts, risks and opportunities. In this episode, we talk about how companies are stress-testing their governance arrangements, reconsidering the division of responsibility, board and management skill sets, and updating current governance documents (e.g. charters, agendas).
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  Reporting For Duties: ESG Reporting in Australia - Getting ready for climate reporting 15.10.2024 7min

  Given the scale of the exercise to report against the new climate reporting regime, what sort of foundational steps should companies be considering now? In this episode, we share our insights into common pain points and suggested focus areas to help identify aspects of reporting for front loading, ahead of the new regime commencing.
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  Reporting For Duties: ESG Reporting in Australia - A new climate reporting regime… now what? 15.10.2024 12min

  Now legislation for Australia’s new climate reporting regime has finally been introduced into Parliament, what impact will it have for corporates?... (and when?). The new climate reporting regime is likely to require a significant uplift in corporate reporting – and will require considerable resources and effort over the next 12-18 months. This episode talks about how the regime will phase in, and how it might impact companies in practice.
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  The Third Wheel (ESG Australia) EP46: ESG x Tech: A spotlight on data centres 15.10.2024 31min

  Tim Stutt and Isabella Kelly are joined by Aaron White and Adrian Wong to discuss the soaring demand for data centres and the importance of identifying and managing ESG issues in their development and operation. Adrian provides insights on how generative AI is driving the demand for data services, the development hotspots, and the policy and regulatory levers to encourage investment. Aaron highlights the sustainability challenges that come with the growth in data centres and how they are bein...
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  The Third Wheel (ESG Australia) EP45: Whistleblowing systems and ESG risk management 15.10.2024 41min

  Jacqueline Wootton, Christopher Hicks and Isabella Kelly embark on a whistle-stop tour of the intersection of ESG and whistleblowing. They discuss why developing an effective whistleblower program is a sound investment and should be a core part of an ESG risk management system. They explore how whistleblower programs can help companies comply with a web of positive legal obligations on various ESG topics, identify and address thematic ESG issues early, and mitigate against the reputational im...
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  The Third Wheel (ESG Australia) EP44: ESG without borders: International reporting perspectives 15.10.2024 22min

  Isabella Kelly is joined by Gareth Sykes, Heike Schmitz and Carolyn Pugsley for a tour of some of the key ESG reporting requirements internationally and the work that is being done to understand how they map against each other. They discuss challenges around the regimes’ differences in materiality thresholds, subject matter coverage and approaches to protection from liability. They share insights on the practical realities for companies who are grappling with how to comply with multiple regim...
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  The Third Wheel (ESG Australia) Special Episode: Stuck in the Middle? Unlocking ESG Investment 15.10.2024 28min

  Tim Stutt and Mel Debenham are back behind the wheel to discuss HSF's second report in its ‘Unlocking ESG Investment in Australia’ series. They explore the findings of our second major survey on the barriers to deploying investment in ESG-aligned activities, and the progress in operationalising ESG considerations across business activities. The report surveyed 161 senior executives from large Australian companies and found that ESG remains a clear focus in investment decisions, although there...
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  The Third Wheel (ESG Australia) EP42: Climate reporting – the preparation starts now 15.10.2024 20min

  Anna Coroneo and Isabella Kelly cast aside Third Wheel tradition to have a one-on-one discussion about some of the key aspects of Australia’s incoming climate reporting regime. From directors’ declarations to modified liability and assurance, Anna and Isabella discuss the uplift required of organisations as they prepare for the new requirements. They highlight what can be done now – from gaps analysis to data gathering – to front end the work to get ready for the regime. They emphasise the im...
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  The Third Wheel (ESG Australia) EP41: So you want to be a carbon farmer? 15.10.2024 23min

  Lucy McCullagh, Alice Molan, Mark Hatfull and Naomi Hutchings delve into the multifaceted world of carbon offset projects working toward Australia’s net zero and nature positive goals, from regulatory considerations to project finance and structuring. Key concepts are outlined including the Carbon Farming Initiative Act, the Australian Carbon Credit Unit (ACCU) scheme and the need to comply with financial services laws. They anticipate continued growth in the offset market driven by domestic ...
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  Investigate 360 x The Third Wheel: Corporate Crossroads – ESG and Criminal Responsibility 15.10.2024 34min

  Jacqueline Wootton, Christine Wong and Christopher Hicks discuss the intersection between corporate criminal responsibility and ESG in a Third Wheel X Investigate 360 collaboration episode exploring governance, social licence to operate and the regulation of ESG issues under criminal standards. The serious risks associated with criminal matters are underlined, from corporate penalties and investigations through to individual prosecution and reputational consequences as well as the patchwork o...
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  The Third Wheel (ESG Australia) EP39: The ESG Crystal Ball for 2024 24.03.2024 28min

  Isabella Kelly fires up the crystal ball and invites Tim Stutt and Mel Debenham to share their ESG predictions for 2024. Mel discusses the timing tightrope for decarbonisation projects, Commonwealth environmental legislative reform and a very different approach to regulation. Tim queries if there is an elastic start date for mandatory climate reporting, whilst the required corporate uplift crystallises. Shifting landscapes emerge for Australia’s Sustainable Finance Strategy, post-Voice refere...