Glencore's new climate change commitments send a strong signal that companies need to demonstrate what they are doing to cut emissions from the use of their products, according to the Investor Group on Climate Change.
The BP Board will publicly report how its business strategy aligns with the Paris Agreement and institutional investors are pushing for other oil and gas companies to do the same.
Investors now rely heavily on environmental, social and governance performance information in their decision-making and a majority of them favour prescriptive accounting standards for it, a new survey shows.
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.