ACCC at 2nd Annual Sustainability Reporting Summit

At the 2nd Annual Sustainability Reporting Summit, ACCC Deputy Chair Mick Keogh reaffirmed the regulator’s focus on tackling misleading environmental claims and ensuring fair competition. Keogh emphasised that new climate reporting rules will drive transparency and protect businesses making genuine sustainability investments.

The ACCC has prioritised enforcement against greenwashing since 2022, aiming to protect consumers and prevent businesses from gaining an unfair advantage through false environmental claims. Keogh also highlighted the importance of legitimate sustainability collaborations, noting that competition laws should not prevent businesses from working together to improve sustainability reporting and drive environmental progress.