A first-of-its-kind study by the Australian Institute of Company Directors into how boards are approaching climate change reveals that 77 per cent of directors are concerned about how it will affect their organisation, but often failed to act.
Mr Armour said directors should be working to understand their organisation’s impact on climate, and how climate change will impact them.“Then it’s contemplating both how you can improve your own position relative to climate change and look for opportunities to in fact make your firm stronger,” he said.
Across all directors, only 11 per cent disagreed that their board needed to do more to respond to climate change, but that rose to 22 per cent in the mining sector.AICD managing director Angus Armour Directors of ASX-listed companies were less likely to be “extremely” or “somewhat” concerned about how climate change risks compared to directors on government or public sector boards . Around half also saw opportunities for their organisation by proactively responding to climate change.
pwhatch Give me $10,000.... Now black coal is green coal. Steel making, is green steel making. Change all letterheads to green. In fact, all ink is to be green. Now send that $10k
pwhatch There is no such thing as climate change! Get over it!
pwhatch If that is the case their director's fees should be slashed. Aren't they in place to know things and make responsible decisions on behalf of the company, their shareholders and stakeholders?
pwhatch Rudderless government
pwhatch Because they have ABSOLUTELY ZERO leadership from the Australian federal government🚩🇦🇺🤷🏼♀️Says it all really, SCOTT is a man with ZERO imagination. He can’t even imagine the future let alone be in charge of our response to changes in the economy. Hes criminally useless auspol🥵🇦🇺
pwhatch There is no Federal Government leadership climate ClimateActionNow
pwhatch But is this a new thing...directors not having any experience in corperategovernance issues they are charged to oversee? ASX
pwhatch Replace them with directors who are up to the task and not paling arses.
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