Browsing: <a href="/tag/interest-group-actions">Interest group actions</a> <i class="grey">•</i> <a href="/tag/sustainability-reporting">Sustainability reporting</a>

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.

More than 40% of ASX200 companies provide either no or scant information on their sustainability performance, according to a new study.

Major Australian companies are making progress in managing supply-chain water risk but still have a long way to go, according to a survey report released today.

Corporate sustainability managers should be aware that institutional investors are taking a close interest in sustainability risks, even if broking analysts often don't ask about them, says the Australian Council of Superannuation Investors.

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.

Companies will be under more pressure to inform investors of their environmental risk management strategies, under proposed changes to ASX corporate governance guidelines.

Fewer ASX200 companies are concerned about carbon price risk and more are taking action on energy efficiency, says a new Carbon Disclosure Project analysis that praises companies including Qantas, Virgin Australia, Wesfarmers and Woolworths for improved information sharing practices.