Home›Questions on Notice›QoN 1609

❓ Mr. Zempilas asks the Treasurer about incorporating the OAG's caution on climate-related disclosures into annual reporting instructions. The Treasurer confirms the recommendation is already in place and provides an update on the public and private sector climate disclosure pilots.

AnsweredQoN 1609Legislative Assembly

Asked

16 December 2025

Member

Mr Basil Zempilas

Portfolio

Treasurer

QuestionView source ↗

The Office of the Auditor General's (OAG) Report on Financial Audit Results – State Government 2025 released on 3 December 2025 recommended that agencies use caution before making climate related disclosures, particularly in financial statements, until the results from the private and public sector WA pilot are better understood. Can the Treasurer please advise: (a) Will this recommendation be included in the annual instruction issued to agencies by the Department of Treasury and Finance on the preparation of Annual Reports; (b) If not, why not; and (c) When is it likely that the private and public sector WA pilot will be completed?

AnswerView source ↗

Answered

17 February 2026

Response time

1 days

(a)-(b) The Department of Treasury and Finance has provided the same recommendation to agencies.
(c) The public sector pilot has concluded.
The private sector mandatory disclosure regime is in effect for the largest entities, with requirements for smaller entities to be phased in over 2026 and 2027.

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