Warning to Aussie firms on mandatory climate reporting

Australia's climate-related bush fires affected New Zealand's sunsets. (Image: Ross Forbes)

Fri, 26 Jul 2024

Almost one in five of Australia's top 200 companies are providing very little reporting on their climate risks ahead of the implementation of mandatory disclosure.The Australian Council of Superannuation Investors report released on Friday found most ASX200 members have net-zero commitments and have set interim targets, which helps investors to gauge the credibility of a company's plans. But gaps remain in the depth and scope of climate reporting, with some only partially reporting on their climate risks and 18% doing almost nothin...

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