climate risk Archives

Australia proposes new law on climate reporting

Australia proposes new law on climate reporting February 5th, 2024 The Australian government has proposed a new law to establish a climate risk disclosure framework, introducing new reporting requirements for companies. The draft legislation amends the Australian Securities and Investment Commission Act 2001 and the Corporations Act 2001 to introduce standardised climate-related reporting requirements. The […]

Pensions not protecting people from climate-related financial risk

Pensions funds are failing to protect their beneficiaries from climate-related financial risk, according to a new report by Sierra Club, Stand.earth, and Stop the Money Pipeline.

Legislation and deals to protect the environment from climate change

Subpoena issued to US shareholder activist organisation

The US House Committee on the Judiciary has issued a subpoena to As You Sow, a shareholder advocacy group, for documents on its work relating to climate risk.

CalSTRS votes against 2,035 boards for inadequate climate risk disclosures

The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to accurately assess emissions.

Climate-linked pay on the horizon for Australian banks, report claims

Australian bank leaders could see their pay linked in part to achieving climate goals as investors continue to increase the pressure on companies over environmental issues.

Deadline extended: Climate Stewardship – have your say

Minerva invites you to provide feedback on the state of climate stewardship. Our survey deadline has been extended until Friday, 3rd December 2021 – get your response in now!

SEC chair urges mandatory climate risk disclosures

The chair of the US Securities & Exchange Commission (SEC) has asked staff to develop a mandatory climate risk disclosure rule for listed companies.

Climate accountability lagging for directors

It may be “some time” before directors face charges for failings on climate risks despite the introduction of new reporting rules in this area, a leading expert has said.

SEC unveils Spring regulatory agenda

SEC unveils Spring regulatory agenda June 18, 2021 The regulator’s short-term plans reflect its legislative ambitions since entering office The Securities and Exchange Commission (SEC) has filed its Spring 2021 regulatory agenda, outlining short- and long-term regulatory actions that administrative agencies plan to take. The outline, released on June 11, covers the commission’s expected work […]