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...