Businesses and directors could face multi-million dollar penalties if they fail to disclose their climate impact
- Written by Pamela Hanrahan, Emerita Professor, UNSW Business School, UNSW Sydney
Large businesses will have to publicly disclose detailed information about what they are doing to reduce carbon emissions and other climate-related financial information under legislation before federal parliament.
Under the new legislation companies will have to include a separate sustainability report in their annual report.
And, as with the...