New research attempts to rank top super funds based on what they are doing to protect member savings from climate risk – and it reveals that in many cases they are doing nothing.
Australia's climate change, energy and environment ministers have emphasised the critical role of the private sector and local government in adapting to climate change, and are on schedule to finalise a review of existing climate change programs by January.
Federal, state and territory energy and environment ministers are meeting in Canberra today, along with New Zealand ministers and local government representatives, to discuss climate policy and programs.
Super funds are breaching their legal obligations if they don't take into account climate risks and carbon laws that could reduce the value of their investments, says a new report for the Asset Owners Disclosure Project prepared by law firm Baker & McKenzie.
The Government should prescribe a tough emissions standard for new gas non-peaking plants to ensure the industry deploys CCS and must update NGERS estimation techniques applying to CSG operations, says a new Climate Institute paper.