For the first time Australian company directors have nominated climate change as the number one issue they want the federal government to address in the long term, according to a survey of more than 1,200 company directors.
For the first time Australian company directors have nominated climate change as the number one issue they want the federal government to address in the long term, according to a survey of more than 1,200 company directors.
The Australian Institute of Company Directors’ (AICD) biannual Director Sentiment Index — based on a survey of 1,252 public and private company directors undertaken between September 13 and 27 — shows directors are heeding warnings from regulators about the risks of climate change and the fact that they may, in future, be held liable for failing to act.
Regulators including the Australian Securities and Investment Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) are among those that have spoken out about the threats of climate change and the risks to companies.
Read the full article here: https://www.abc.net.au/news/2018-10-25/why-company-directors-have-started-caring-about-climate-change/10423658h