Most of ANZ's top-emitting customers have emissions targets or long-term climate plans in place, but many haven't yet adopted good climate-risk disclosure practices, according to a new bank update.
ANZ has almost completed a two-year outreach to 100 of its top-emitting customers, and will apply lessons learnt from the process to its dealings with smaller emitters.
A powerful global alliance of investors has written to 161 top emitters, including Wesfarmers, Chevron and Siemens, urging them to pledge to net zero emissions.
Business leaders, investors, the ACTU and environment groups have issued an unprecedented call for action on climate change that includes a recommended list of responses to be part of the post-pandemic recovery.
A fund managing more than A$136 billion has announced it has divested from five companies because their climate change lobbying conflicts with climate science.
An activist shareholder group has used the findings of AGL's TCFD analysis to justify a resolution calling for the company to make an earlier exit from coal-fired generation.
US global investment firm KKR has taken a minority stake in Australia's largest carbon offsets company, and former Business Council president Grant King has joined its board.