More Than 600 Aussie Companies Could Be First to Report Climate Change Response - The Wall Street Journal
More Than 600 Aussie Companies Could Be First to Report Climate Change Response - WSJ
Sept. 28, 2023 8:13 pm ET
SYDNEY—Over 600 of Australia’s biggest companies could be the first to report on their responses to climate change under new disclosure rules, EY Australia estimates show, shedding more light into corporations’ progress toward environmental targets.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Continue reading your article with
a WSJ subscription
Subscribe Now
Already a subscriber? Sign In
What to Read Next
- AT&T: Extra $50 off with this AT&T secret promo code
- Walmart: Walmart's Featured Deal: Up to $1,100 off the Apple iPhone 15 Series
- Best Buy: Deal of the Day Best Buy coupon: Score up to 50% off
- eBay: +30% Off today with this eBay coupon code*
- Groupon: New Customers: 10% Off Included Categories
- Samsung: Samsung promo code for up to 40% Off + Free shipping
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”