ASIC report finds 17% of ASX300 identify climate as material riskBY RACHEL ALEMBAKIS | FRIDAY, 21 SEP 2018 6:37PMThe 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. Related News |
Editor's Choice
Green moves: Aware Super, BlackRock, Taylor Fry
A Housing Australia executive moves to BlackRock, while Aware Super welcomes a climate reporting and sustainability manager and Taylor Fry sees the return of a veteran actuary.
'Surreal', 'difficult' times for sustainable investors: RIAA
A leading voice for sustainable investing in the US admits the anti-ESG movement has been "difficult" and "surreal" as investors fear being overly scrutinised, the Responsible Investment Association Australasia (RIAA) Conference heard. There are, however, some bright spots.
EPBC Act reforms urgently needed: Industry groups
A raft of industry groups have called on the government to urgently deliver its reforms to the Environment Protection and Biodiversity Conservation (EPBC) Act, which they say is "failing on all fronts."
Young workers drive DEI in workplace: RIAA panel
The windchill of politics on diversity, equity and inclusion (DEI) programs fronts a deadly counterpoint - young professionals entering the workforce with zero tolerance for inappropriate workplace behaviour.