ASIC report finds 17% of ASX300 identify climate as material risk

The Australian Securities and Investments Commission (ASIC) has issued its first report on climate risk disclosures by ASX300 companies. While the statistics discussed in the report are familiar to those who have read similar reports by investment bodies and investment researchers, experts say the fact that ASIC has publicly disclosed information adds additional soft power to engagement with companies on their disclosures.

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