Understanding the CRFD Landscape

Since January 1, 2025, Australia’s Mandatory Climate-Related Financial Disclosures (CRFD) have come into effect for the nation’s largest companies. But this is only the beginning. The law’s scope expands significantly in July 2026 and again in July 2027, gradually bringing more organizations under its requirements.

For companies managing building portfolios, the stakes are high. Climate reporting is no longer optional—it is increasingly regulated, scrutinized, and tied to operational and financial decision-making.

Who Is in Scope?

The CRFD thresholds are designed to capture organizations based on size, assets, and revenue. They evolve over time as follows:

Organizations meeting two or more of these criteria—along with certain NGER reporters and large super funds—are required to report on:

• Climate governance, strategy, and risk management

• Scope 1 & 2 emissions (Scope 3 reporting begins in the second year)

• Climate scenario analysis highlighting risks and opportunities

The Challenge of Compliance

For many building portfolio owners, meeting CRFD requirements can feel overwhelming. Traditional spreadsheet-based reporting is time-consuming, error-prone, and often reactive rather than proactive. By the time data is compiled and analyzed, valuable insights may be lost, and reporting deadlines loom large.

The law’s expanding scope only increases the pressure. As thresholds drop and more organizations are pulled into compliance, it is clear that manual reporting processes will not scale.

Turning Compliance Into Continuous Insight

This is where Akila provides a practical solution. By integrating building data, operational performance, and climate metrics into a single, auditable platform, Akila transforms climate reporting from a last-minute scramble into a continuous, streamlined process.

Key capabilities include:

• Real-time energy and emissions tracking down to the asset level, ensuring accurate reporting at all times

• Climate and operational risk modeling, allowing organizations to anticipate and respond to future scenarios

• Audit-ready performance records across entire portfolios, simplifying compliance and providing transparency for stakeholders

With Akila, climate reporting evolves from a compliance burden into a strategic tool that uncovers cost savings, strengthens resilience, and positions organizations for long-term sustainability success.

Preparing for a Broader Scope

The CRFD thresholds are falling, and the law’s scope is widening. Organizations that start early with robust, technology-driven reporting processes will gain a clear advantage—not only in compliance but also in operational efficiency and strategic decision-making.

By leveraging platforms like Akila, building owners can confidently meet regulatory requirements, optimize performance, and demonstrate accountability to investors, regulators, and the wider community.

The question isn’t whether the CRFD will affect your organization—it’s when. Are you ready?