Aurizon doesn’t want to become ‘public enemy number one’

18 October 2018 Aurizon’s relationship with Indian coal mining giant Adani dominated question time at its annual general meeting in Brisbane today. Last month, Adani proposed a shorter rail line that would link its proposed Carmichael mega mine in the Galilee Basin to Aurizon’s existing Central Queensland Coal Network. “Would … Read More

Paris climate goals not on the menu at Treasury Wines

18 October 2018 Wildfires tore through the Napa Valley in October 2017, devastating the Californian wine industry. As the hills went up in flames, the estates owned and operated by Treasury Wine Estates (TWE) miraculously survived with only minor damage. The fires, widely linked to climate change, were a focus … Read More

Orora yet to fully unpack climate change risk

16 October 2018 Even if you’ve never heard of Orora, you’ve probably come across the company before. You might have used their packaging when drinking beer or a bottle of wine – they’re a large packaging company that produce glass bottles, aluminum cans, and other packaging equipment. They’re also one … Read More

Climate risk disclosure: Transurban still in the slow lane

“…we don’t consider it [climate change] to be one of the significant business risks or financial risks for Transurban” Marcus Laithwaite, auditor   11 October 2018 You might not have heard of the company, but chances are you’ve driven on one of their roads.  Transurban operates major tollways in Australia … Read More

Magellan can’t see risks to its own business

Magellan Financial Group’s (MFG) deputy investment officer Dominico Giuliano recently made statements in the media about the need for accurate climate risk disclosure. At its annual general meeting (AGM) today, however, the company seemed to think that climate change risks didn’t apply to them Serious oversight Earlier this year, Giulano publicly scolded some … Read More