The corporate watchdog has launched a new surveillance program to ensure Australia's biggest companies are dealing with the risks of climate change.ASIC has commenced surveillance of large listed companies to investigate how they are addressing climate change risk
Directors of government enterprises like the Murray-Darling Basin Authority face the same obligations to address risk The Australian Securities and Investment Commission has started contacting large companies this week as part of its investigation into climate risk governance. It is likely to cover how companies are managing climate risks internally, as well as how transparent they are about these issues with investors.
So they will be enforcing the requirement for an irrational state of paranoia, but only about unquantified prescribed risks while turning a blind eye to real risks that have happened before and are periodic, such as devastating solar storms and volcanic winters. What tossers.
How many of these companies & government organisations have failed to act on climate, ignored or suppressed internal proposals to change plans? should call out leaders with ClimateTinEars ClimateEmergency Action