NAB says climate change will result in credit rating adjustments, and by 2020 the bank will complete credit risk policy reviews for carbon-intensive and climate-sensitive sectors.
ANZ will target its top 100 carbon-emitter customers, and has introduced a ban on financing new office buildings that lack a high environmental rating.
A Downer director seeking re-election was questioned on her attitude to climate science at yesterday's annual general meeting, and the company will this year complete an analysis of three climate risks to the business.
The Boral AGM held yesterday confirms the need for environmental executives to fully prepare board members for increasingly sophisticated questions from shareholders on carbon emissions and sustainability.
A resolution demanding Whitehaven Coal improve its climate risk disclosure has received 40% support, the highest-ever vote by shareholders in favour of better reporting.
Shareholders at Transurban's annual general meeting have quizzed the company over Business Council criticism of a 45% emissions target, and questioned its PwC auditor about climate risk.
One of Australia's largest super funds says it's comfortable investing in Aurizon and APA Group, even though their revenue largely comes from fossil fuels.
Many listed companies make climate risk disclosures that are too general, and they should consider following TCFD disclosure recommendations, according to a report released today by ASIC.