Starting 1st January 2025, Australian enterprises will face new mandatory climate reporting requirements under the latest legislation. This regulatory shift marks a pivotal moment for Australian businesses as they need to provide detailed disclosures on their environmental impact. Versent is ready to help local companies tackle these requirements, focusing on carbon usage data gathering & reporting in the cloud and strategies for reducing carbon footprints.

Understanding the New Climate Reporting Legislation

The new legislation introduces a structured approach to climate reporting, categorised into three groups:

Group 1 Reporting: This applies to large businesses with substantial annual revenue or assets, requiring comprehensive disclosures on climate-related financial risks and strategies.

Group 2 Reporting: Targets medium-sized businesses and includes detailed reporting on emissions and sustainability measures, though with fewer requirements than Group 1.

Group 3 Reporting: This category is aimed at smaller businesses, focusing on basic climate impact disclosures and carbon management practices.

Each group has specific reporting obligations, that will be rolled out throughout 2025, making it crucial for local organisations to understand where they fit and how to comply effectively.

The Role of Cloud Computing in Carbon Emissions

Cloud computing has become integral to modern business operations, providing scalability and cost efficiency. Whilst cloud computing has brought about a reduction in carbon footprints compared to traditional data centres, it still has its own environmental challenges, if not optimised correctly. As the new climate reporting regulations will scrutinise these aspects, organisation ICT teams need to accurately measure and manage cloud-based carbon emissions.

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“As Australian enterprises face increasing pressure to meet sustainability targets, the role of technology in achieving these goals has never been more critical. Cloud computing, while offering immense operational efficiencies, also presents an opportunity to significantly reduce carbon emissions if optimised correctly. Versent’s expertise in cloud optimisation, combined with our focus on sustainability, ensures businesses can meet regulatory demands while advancing their environmental objectives.”

— Tim Hope, CTO, Versent

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How Versent Can Help

Comprehensive Carbon Usage Reporting

Versent specialises in providing tailored solutions to help organisations monitor and report their carbon usage effectively. Our tools and expertise enable enterprises to capture detailed data on their cloud consumption and associated carbon emissions. With Versent’s advanced analytics and reporting capabilities, businesses can gain insights into their energy use patterns and carbon footprint, which is critical for accurate ESG reporting.

Rapid Cloud Adoption

Versent has extensive tools & accelerators that can help rapidly migrate your on-premises workloads to the cloud, adopting cloud-native features such as auto-scaling and infrastructure automation, reducing your organisation’s carbon footprint significantly.

Optimising Cloud Infrastructure

Reducing carbon emissions starts with optimising cloud infrastructure. Versent offers consulting services that focus on improving the efficiency of cloud environments. By leveraging best practices in cloud architecture and management, we help businesses optimise their resource usage, which in turn reduces energy consumption and carbon emissions.

Advanced Data Analytics for Emission Data

One of the key areas where Versent can make a significant impact is through advanced data analytics. By leveraging analytics services, we help ICT teams identify anomalies and trends in emission data.

Sustainability Integration

Beyond reporting and optimisation, Versent is committed to integrating sustainability into core business strategies. We work with enterprises to develop and implement sustainability goals that align with ESG requirements. This includes advising on green cloud technologies, renewable energy sources, and other practices that contribute to a lower carbon footprint.

Continuous Improvement and Compliance

Climate reporting is an ongoing commitment. Through our GreenOps offering, Versent supports businesses in staying compliant with evolving regulations through continuous monitoring and reporting services. Our expertise ensures that enterprises can adapt to regulatory changes and continuously improve their environmental performance.

With the introduction of mandatory climate reporting legislation in Australia from 1st January 2025, local enterprises must be prepared to meet new regulatory demands and manage their carbon footprints effectively. Versent is here to guide Australian businesses through this transition, offering tailored solutions for cloud carbon usage reporting, optimisation, and sustainability integration. By partnering with us, businesses can confidently navigate the new requirements and contribute to a sustainable future.

For more information on how Versent can help with your climate reporting and sustainability goals, contact our team today via sustainability@versent.com.au. Together, we can make a meaningful impact on our environment while ensuring compliance with the new regulations.