Australian Foundation Investment Co. Ltd. (AU:AFI) has released an update.
Australian Foundation Investment Company Limited has announced its reliance on an exemption from climate-related disclosures for the accounting period of July 2023 to June 2024. As a foreign listed issuer with a minimal presence in New Zealand, the company is exempt from climate reporting, assurance, and record-keeping for the specified period. This strategic move potentially streamlines the company’s reporting obligations for the fiscal year.
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