The leaders of the World Business Council for Sustainable Development and the Global Reporting Initiative will be in Sydney next month to explain the business implications of the Paris climate talks and the new UN Sustainable Development Goals.
BP has acceded to shareholder demands for greater disclosure of its carbon risks, while an Australian super fund has backed efforts to secure a US investigation of reporting by Chevron and ExxonMobil.
Shell's attempts to explain its membership of industry associations that seek to stymie action on climate change are unconvincing, says a statement by external experts included in the company's new sustainability report.
BHP Billiton's latest suite of annual reports give unprecedented prominence to the company's views on climate policy and its strategies for managing carbon risk.
Global investors with more than $3 trillion under management have asked 45 companies - including BHP Billiton, Rio Tinto, BP and Xstrata - to explain how they are planning for an 80% reduction in fossil fuel emissions by 2050.
The European Commission overnight adopted a proposal for a new directive that would require large companies to report their environmental impacts or explain why they haven't, while the International Integrated Reporting Council simultaneously released its draft guidelines.
The old ways of doing business and measuring its performance are betraying the future, and urgent action is needed to end the corrosive influence of short-term thinking, says a new paper by Al Gore.