Backed by some of the world's top companies, a new Natural Capital Protocol shows businesses how to incorporate the value of the natural environment into decision-making.
The Federal Government has told an international forum its annual spending on clean energy R&D will rise to $208 million by 2020, while a 24-economy alliance has launched new programs on energy efficiency and renewables.
Investors need to know how companies plan to retain value in a net-zero emissions economy, says carbon economist Nicholas Stern in a submission to the global taskforce that is developing corporate disclosure guidelines.
A major new survey by Accenture has found that companies throughout the world now accept that climate change will fundamentally disrupt their businesses in the next five years, however management is failing to devote enough capital to making them resilient.
Big-name companies like AGL, Origin, Nestlé and Unilever that join the 'We Mean Business' alliance receive a wide range of guidance and support on cutting their emissions, as well as advice on how to promote their achievements to investors and consumers, says the organisation's global policy head.