In Short
The Situation: After conducting a period of market surveillance, Australian Securities & Investments Commission ( ASIC ) Commissioner Cathie Armour recently released a statement reiterating ASIC s expectation that disclosing and managing climate change risk is a key responsibility of directors.
The Result: ASIC identified that since its last review in 2017-2018 there has been a significant increase in the level of engagement and standards of disclosure on climate-related matters by Australian listed companies, and there is now broad-based board oversight of climate change risk in each of the companies included in the review.
Looking Ahead: Commissioner Armour s statement is consistent with an accelerating international trend of regulators raising the standards in relation to climate-related disclosures. While ASIC is adopting a consultative approach to improving disclosure practices, serious disclosure failures could lead to enforcement action. Accordingly, boards should
Credit: World Scientific
Climate change is the outstanding survival and ethical issue of our time, and requires urgent action if our descendants are to inherit a livable world. Substantial opportunities exist in the transition to a renewable economy provided through climate action. Reliable, relevant, and accessible information is key.
The
World Scientific Encyclopedia of Climate Change (the Encyclopedia) responds to the outstanding risk, survival, and ethical issue of our time, requiring action and providing opportunity. This inspiring work can enhance optimism and courage to act urgently and persistently on climate change, with foresight for a livable future.
The Encyclopedia is intended to be informative and motivational. Short case studies make up the Encyclopedia. You will see climate change in the ways climate change really exists. Each case study is designed to be easy to read and to communicate with you, regardless of your background with climate change.
So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
Find whitepapers