Topic: Climate change

Climate change is a change in the statistical distribution of weather patterns when that change lasts for an extended period of time (i.e., decades to millions of years). Climate change may refer to a change in average weather conditions, or in the time variation of weather around longer-term average conditions (i.e., more or fewer extreme weather events). Climate change is caused by factors such as biotic processes, variations in solar radiation received by Earth, plate tectonics, and volcanic eruptions. Certain human activities have also been identified as significant causes of recent climate change, often referred to as global warming.

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Managing climate risk for directors

ASIC Commissioner Cathie Armour says disclosing and managing climate-related risk is a key director responsibility.

Climate change now an opportunity, not a threat: AICD roundtable

Climate change was once seen by energy companies and others as a threat to business. Now, according to senior directors who spoke at a recent AICD roundtable hosted by The Australian, the tide has shi...

UK and NZ lead way on mandatory climate risk disclosures

In recent months the UK and NZ governments have announced regimes for mandatory climate-related financial disclosures, with the Biden administration expected to follow suit this year in the US. These ...

Why climate change risk hasn't gone away

Analysis by MinterEllison on corporate climate change risk reporting should be a wake-up call for companies that have not improved their disclosure in 2020, says special counsel Sarah Barker.

Sentiment bounces back despite COVID-19 economic uncertainty crisis: Director Sentiment Index

The latest Director Sentiment Index (DSI) has revealed a jump in director sentiment, despite the on-going economic uncertainty triggered by COVID-19.

Sentiment plummets amidst COVID-19 crisis: Director Sentiment Index

Sentiment has plummeted to its lowest level since the inception of the survey in 2011, with only two per cent of directors expecting the Australian economy to be strong in the coming year.

Ways to shift to a net zero carbon emissions future

Anna Skarbek, CEO of ClimateWorks, says companies should be setting goals towards carbon neutrality. Here are companies committed to targeting zero carbon by 2050.

Coming to terms with the global climate crisis

Directors are being urged to prioritise governing climate risk, which requires a rethink of an organisation's strategy, risk and future-proofing plans.

Climate change: what's your mindset?

Understanding the six different mindsets, attitudes and beliefs on climate change can help directors better frame conversations in the boardroom.

7 targets to help manage Australia's waste crisis

Two years since China banned imports of plastic recyclables, transitioning towards a circular economy could be the change Australia needs to adjust to a less wasteful future.
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