New research reveals that half of Australian business leaders now support mandatory climate-related disclosure requirements, indicating growing alignment between corporate priorities and government policy directions.
The Energy Tech Pulse Survey, conducted by Schneider Electric, found that three out of four Australian organisations consider themselves at least somewhat prepared to comply with new sustainability reporting standards.
The research comes after Australia’s first round of sustainability compliance reports were published in early 2026.
According to the findings, 75% of businesses have begun preparations for ongoing reporting requirements, with a focus on improving data collection, internal reporting systems, and governance structures.
The research indicates growing recognition that climate disclosure extends beyond regulatory compliance to become a cornerstone of business competitiveness, investor relations and operational resilience.
Lisa Zembrodt, principal and senior director of advisory services at Schneider Electric, said the growing support from the industry for climate disclosure is a positive sign.
“The introduction of the Australian Sustainability Reporting Standards is raising the bar for corporate leadership and position sustainability as a core driver of performance and innovation. When companies embed sustainability into strategy – backed by accurate data and robust governance – they’re not just meeting expectations, they’re building credibility, resilience, and long-term value,” Zembrodt said.
According to the survey, business leaders view the standards as helping companies map emissions throughout their supply chains, establish science-based targets, and identify efficiency improvements through electrification and digitalisation.
However, challenges remain in implementation. Only 12% of businesses describe themselves as fully prepared to comply with new climate reporting requirements. The survey identified several key barriers, including insufficient internal expertise, financial limitations, and complex governance issues, particularly affecting organisations without dedicated sustainability teams.
The survey also reveals sustainability’s emerging role as a competitive differentiator. Two-thirds of leaders believe accelerating energy transition efforts will yield long-term business advantages. At the same time, more than half warn that companies risk losing market share if they fail to address sustainability concerns.
“Sustainability is fast becoming a catalyst for better business,” Zembrodt said. “It’s strengthening the connection between climate action, opportunity, and financial performance. With credible data, clear transition plans, and strong collaboration, organisations can build trust, unlock efficiencies, and lead the transition to a more resilient, sustainable economy.”
Schneider Electric is set to publish the survey’s comprehensive findings on April 28.
