Document ID: chunk:federal_register_of_legislation:F2024L01472:body:0:p80
Version: federal_register_of_legislation:F2024L01472
Segment Type: other
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Character Range: 228884–230869

in my view, unworkable.

[1]  Throughout this Standard, the terms 'primary users' and 'users' are used interchangeably, with the same meaning.
[2]  This application guidance (paragraphs B1–B18) draws on the range of practice outlined in documents published by the Task Force on Climate-related Financial Disclosures (TCFD), including Technical Supplement: The Use of Scenario Analysis in Disclosure of Climate-related Risks and Opportunities (2017) and Guidance on Scenario Analysis for Non-Financial Companies (2020).
[2]  Except for cross-references in IFRS S2 paragraphs B34–B36 to IFRS S1 paragraphs B6(b) and B11. The requirements set out in IFRS S1 paragraphs B6(b) and B11 are consistent with IFRS S2 paragraphs B34 and B36; consequently, cross-references to IFRS S1 paragraphs B6(b) and B11 are omitted in AASB S2 paragraphs B34–B36.
[3] As noted in AASB S1 paragraphs D1 and D2.
[4] Australian Securities and Investments Commission Act 2001, section 227(1).
[5] This is the convention adopted by the International Accounting Standards Board and the International Sustainability Standards Board.
[6]  For brevity, the Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (2004) and the Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (2011) are referred to in this Basis for Conclusions as "GHG Protocol".
[7]  For the purposes of this Basis for Conclusions, NGER Scheme legislation means:
     1.       the National Greenhouse and Energy Reporting Act 2007;
     2.       the National Greenhouse and Energy Reporting Regulation 2008; and
     3.       the National Greenhouse and Energy Reporting (Measurement) Determination 2008.
[8]  Parliament of Australia, Australia's trade and investment opportunities in a global green economy, October 2023, available via https://parlinfo.aph.gov.au/parlInfo/download/committees/reportjnt/RB000034/toc_pdf/Australia'stradeandinvestmentopportunitiesinaglobalgreeneconomy.pdf.