Posted By Rachel Alembakis on in Corporate Reporting, Environment, Fund Management, Top News

Board directors and senior management must give proper consideration to the risks of climate change, “with a view to ensuring that these risks are incorporated into strategic decision making, and appropriate consideration is given to the need for disclosure of relevant financial-related risks,” Norton Rose Fulbright said.

Elisa de Wit, Norton Rose Fulbright

Elisa de Wit, partner, Norton Rose Fulbright

Risks that companies should consider include transitional, reputation and physical, Norton Rose said. Norton Rose pointed to statements by the Australian Securities and Investment Commission (ASIC) last month at a Senate Economics References Committee public hearing for an inquiry into carbon risk disclosure. The report was issued late on Friday of this week. 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

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