ASIC to target climate change risks

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ASIC will begin targeting companies that fail to tell customers and shareholders about climate change risks on their business. Starting next year, ASX-listed companies will have to reveal the dangers or face possible court action. Surveillance work will likely involve extracting confidential documents from companies and interviewing senior executives and directors. The watchdog has previously warned companies that climate change is a systemic risk and need to be disclosed to shareholders. Read More Our Apps