A FEDERAL Government proposal to make large companies disclose climate risk has raised concerns that it could flow through to farm level, creating unnecessary cost and red tape.
Submissions recently closed on the planned “Climate-related financial disclosure” legislation, which will make companies adhere to an international sustainability reporting standard called the ISSB.
The acronym-filled legislation basically means that companies exposed to climate change-related financial risks will need to disclose their risks – if they meet two of the following three criteria by…