The end of Federal Court proceedings between copper and gold miner Sandfire and a ratings agency "won't stop the ESG juggernaut", but will curtail grandstanding over divestments, according to an industry expert.
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.
Victoria's sustainability commissioner has urged state agencies to improve their performance and reporting, but has highlighted extraordinary savings achieved by a government program that finances energy efficiency upgrades.
Sydney Airport's inaugural sustainability report says it will conduct a climate variability assessment this year, while Newcrest's latest report says it has 'far exceeded' regulatory requirements at its Telfer mine.
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.