Submission on the Financial Sector (Climate-related Disclosures and Other Matter...
The Bill mandates climate-related disclosures by certain FMC reporting entities.
This discussion paper developed by the Institute of Directors and MinterEllisonRuddWatts highlights that today’s boards have to be across a staggering array of issues and risks, such as business disruption, new technologies, cyber risk and climate change. They also need to be responsive to escalating stakeholder demands and expectations. This is at a time of heightened director accountability and increasing personal liability.
The paper raises a number of issues for discussion, including: