2 March 2020 Market Forces has written to corporate watchdog ASIC to raise concerns about fossil fuel producers’ climate risk disclosures, or lack thereof. Like other financial regulators, ASIC has been stepping up its scrutiny of companies’ disclosure and management of the financial risks posed by climate change. ASIC’s 2018 … Read More
Investing in the Dark
Australia’s largest companies are making painfully slow progress towards climate risk disclosure, demonstrating a need for increased action from investors and regulators. Since March, while companies’ reporting on climate risk governance has significantly improved, very little movement has occurred on some of the integral ‘strategy’ elements of climate risk disclosure. The … Read More
Media release: New analysis shows most of Australia’s top companies have no climate plan
Wednesday 14 March, 2018: A major new study released today by environment finance group Market Forces has revealed many of Australia’s top 100 companies are failing to improve their climate risk disclosure. Of the 73 ‘high risk’ ASX100 companies analysed: Less than two thirds have acknowledged the Paris Agreement and/or the need … Read More