As June 30 approaches, most businesses are deep in spreadsheets, chasing receipts, and wrapping up loose ends for the financial year. But while you’re looking back at profits and performance, there’s one more metric worth reflecting on—your environmental impact.
At Climate Logic, we reckon EOFY is actually the best time to pause and take stock of where your organisation stands on sustainability. And it’s not just because we love a good emissions chart (though we definitely do).
A Line in the Sand: Why Baselines Matter
A baseline assessment is essentially your sustainability starting point. It’s a snapshot of your organisation’s carbon footprint—across Scope 1, 2 and 3 emissions—before you’ve made any big changes or commitments. Think of it as your “before” photo in the climate transformation journey.
Without one, it’s hard to set targets, track improvements, or meet reporting requirements. With one, you can:
- Understand your hotspots and key areas for change
- Set science-aligned emissions reduction goals
- Prepare for regulatory and investor expectations
- Benchmark progress year-on-year
And when better to take that snapshot than at the very end of the financial year, when all your activity and data is neatly packaged up?
A Growing Expectation
More and more, stakeholders—from customers to regulators—are expecting transparency. According to PwC’s CEO Survey, 81% of CEOs are concerned about the impact of climate change on their business.
Meanwhile, PwC’s ESG Reporting in Australia report found that over 70% of ASX200 companies now disclose some form of climate-related reporting. The pressure is growing—EOFY is your chance to get ahead of the curve.
Perfect Timing: You’ve Already Got the Data
We know from experience that the biggest hurdle to sustainability reporting is often data collection. But guess what? At EOFY, you’ve already gathered most of it—for tax, financial, or operational reasons. That means now is the most efficient and cost-effective time to do a baseline assessment.
The sooner we can get started, the more we can leverage this moment to build a robust, traceable carbon account for FY24–25.
Need a Hand?
If you’re thinking about kicking off your sustainability journey—or ready to take your climate commitments to the next level—we’d love to help.
At Climate Logic, we make baseline assessments simple, clear, and aligned with international frameworks like the GHG Protocol and ISO 14064-1. Whether you’re aiming for Net Zero, B Corp certification, or just want to understand your impact—we’ll help you draw that line in the sand and get started with purpose.
Ready to get started?
Contact us to lock in your EOFY baseline assessment and set your sustainability strategy up for success.