A global alliance of investors that manage a total of US$52 trillion in funds will shortly release climate change performance reports on 160 large emitters, including companies operating in Australia.
A new 10-year strategy developed by Australia's finance sector recommends making both climate risk and sustainability reporting mandatory for listed companies.
A powerful international investor alliance that targets large emitters has added three ASX-listed companies to its watchlist, while QBE today pledged to achieve a net-zero portfolio by 2050.
There is a strong trend for companies to provide detailed sustainability information in their investor roadshows, according to EY partner Terence Jeyaretnam.