In the wake of public statements by the Australian Prudential Regulation Agency (APRA) regarding stress testing of climate risks by regulated entities, and give the consultation process to develop the draft recommendations by the Taskforce on Climate-related Financial Disclosures (TCFD), companies and stakeholders such as investors should consider the information that should be disclosed to give a view of climate risks and opportunities.
This was the topic of discussion at panel discussion held in Melbourne this week, organised by the Climate Disclosure Standards Board (CDSB) and Sustainable Business Australia (SBA) and hosted by KPMG.
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