The act was introduced to provide a single national framework for reporting greenhouse gas emissions and energy consumption and production.
The Scheme’s legislated objectives are to: underpin the carbon price mechanism; inform policy making and the Australian public; meet Australia’s international reporting obligations; provide a single national reporting framework for energy and emissions reporting. The NGER Act requires corporations in Australia that meet specified emissions and energy use thresholds to annually report Scope 1 and 2 greenhouse gas emissions, energy production and energy consumption data. Information collected under the reporting framework informs the liability assessment under the carbon price mechanism. At time of publication, approximately 1100 companies are required to report under the NGER Act.
Organizations covered by the instrumentAll Companies
Industry scopeAll/none specified
Disclosure venueGHG emission and energy disclosure
ESG coverage - E (Environment)Climate & GHG emissions, Energy, Environmental Compliance & Risk
ESG coverage- S (Social)Product & Services Responsibility
ESG coverage- G (Governance)Structure & Leadership, Effectiveness, Accountability, Anti-Corruption and Anti-Competitive Behaviour
Current
CountryAustralia
RegionAsia Pacific
Date of publication2007
Issuer typeGovernments (governmental department, agency)
Reporting requirementsPublic law and regulation
Mandatory or voluntaryMandatory
The geographical scopeNational/federal