61-70 of 132 results
Commitment made, now to implement: embedding ESG best practice
In terms of achieving the potential to use international law frameworks as a tool to set company policy on ESG issues, we discuss recommendations for using these frameworks to audit the commitments the company makes. ...
Australian and Dutch courts find climate-related duties of care in Sharma and Shell
Two groundbreaking climate change-related court decisions in Australia and the Netherlands have shed light on the scope for claims based on duties to individuals to affect the emissions trajectorie ...
Federal Budget 2021-22: 'Below baseline' crediting scheme to go ahead
The Federal Government has earmarked $280 million in its Budget 2021 for the roll-out of a 'below baseline' crediting scheme, which was a key recommendation of an expert review led by Grant King (King Review). Here we briefly considers what this means for large emitters. ...
Key developments for APRA-regulated entities in managing climate risks
Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...
EU carbon tariffs on the horizon – what Australian trading businesses need to know
The European Union's Parliament has adopted a resolution supporting the introduction of a Carbon Border Adjustment Mechanism (CBAM) to tax carbon emissions embedded in foreign imports entering the EU. The EP has resolved to implement by 2023 a regime that is compliant with World Trade Organization (WTO) rules. ...
Investor state arbitration and the environment: preparing for change in 2021 and beyond
The overlap between international investment and environmental protection is expanding, eg with environmental protection provisions featuring in recent International Investment Agreements (IIAs) and international Free Trade Agreements (FTAs), and environment-related investor-state disputes. ...
Climate change litigation in Australia
Litigation is increasingly being used to seek to compel government and business to take action on climate change and climate-related risks. Access key local and global trends at a glance in our latest insight. ...
Targeting net zero: five steps for stronger climate governance, disclosure and compliance
The last few years have seen a dramatic expansion of governance and disclosure expectations in relation to climate change risks. Publicly listed companies need to establish robust governance and disclosure frameworks, and ensure those frameworks are supported by effective implementation and review ...
A growing tide? Climate change class action proceedings issued against the Federal Treasury
Australia is becoming front and centre as a forum for activist climate change litigation against corporates, financial institutions and government. We assess the significance of these proceedings and outline the key questions your organisation and its Board should be asking. ...
NT Government sets ambitious climate response and offset reform agenda
The Northern Territory Government's recently released Climate Response, associated Three-Year Action Plan and environmental offset reform agenda is ambitious, and all stakeholders in the Territory should be aware of the coming changes and related opportunities. ...