The globally averaged temperature over land and ocean surfaces for October 2015 was the highest for October since record keeping began in 1880. This was also the highest departure from average for any month in the 1,630 months of record keeping, surpassing the previous record set last month. The year-to-date (January–October) was also record warm.
‘We’re the first generation to feel the impact of climate change; we’re the last generation that can do something about it. We only get one home. We only get one planet. There’s no plan B.” - President Obama
The CAL newsletter is now available.
View the April 2015 (PDF) issue here
Climate Alliance is now licensed to resell carbon credits to its members, partners and associates. CAL is a member of Carbon Trade Exchange. Please visit here for more detail.
Melbourne, 3 September 2015
For the fifth year, Climate Alliance has recognised Australian business executives and companies that have demonstrated leadership in the area of managing the opportunities and risks presented by climate change. There are many business leaders in Australia that are taking effective action and Climate Alliance believes it is very important to recognise their efforts.
The awards highlight the work of those companies and individuals who go above and beyond the ‘business as usual’ approach by putting effort into new approaches and demonstrating real leadership. Previous winners are the board of the National Australia Bank, AGL, Fujitsu and many other leading companies in Australia.
Ms Tara Allsop, Chair of the Board of Advisors, announced the winners of the Leadership Awards at the annual Climate Alliance National Conference, held in Melbourne on 3 September, 2015.
Climate Alliance received many excellent nominations. The Board of Advisors had considerable difficulty deciding on the winners.
Climate Alliance announced that the Board Leadership of the Year Award was won by the Clean Energy Finance Corporation. The award is sponsored by AGL.
CEO-led initiative to create a fertile ground for a responsible and global climate deal in Paris 2015
This coalition, comprising 43 CEOs from companies with operations in over 150 countries and territories, and facilitated by the World Economic Forum, believes the private sector has a responsibility to actively engage in global efforts to reduce greenhouse gas (GHG) emissions, and to help lead the global transition to a low-carbon, climate-resilient economy. This coalition further seeks to catalyze and aggregate action and initiatives from companies from all industry sectors?—?towards delivering concrete climate solutions and innovations in their practices, operations and policies. - 16 April 2015
The science relating to climate change is no longer in credible dispute. Its biophysical impacts — from gradual increases in average global temperatures and sea levels, to more frequent extreme weather events — present unparalleled economic risks and opportunities to strategically placed corporations. (PDF)
Article by Sarah Barker, Special Counsel, Minter Ellison Lawyers. This article was first published in the February 2015 issue of Governance Directions, the official journal of the Governance Institute of Australia. June 2015
Stranded Assets in the Fossil Fuel Industry
Implications for Australian Business and Company Directors
Thursday, September 3
3:00pm to 5:00pm – with drinks following.
Karstens Conference Centre
123 Queen Street, Melbourne
This year’s National Conference will address the issue of the possibility of stranded assets in the fossil fuel industry.
Dr John Hewson, former politician and businessman will be the Keynote speaker. He will address the implications of this issue on the Australian investment industry.
Sarah Barker, Special Counsel at Minter Ellison will address the potential liability for company directors.
Tim Buckley is an experienced industry analyst and he will speak about the outlook for the first potential victim of this issue - Australian coal exports.
Alex Frankel, experienced communications strategist will address the coming transition to clean energy.
In addition, Climate Alliance will also announce the winners of the 2015 Leadership Awards. The awards recognise Australian business leaders and organisations that have demonstrated leadership by addressing the opportunities or risks presented by climate change. Four categories of business leadership awards are available:
• Board Leadership of the Year
• Business Leader of the Year
• Innovator/Exporter of the Year
• Company Secretary of the Year
Rapid changes in market dynamics have a material impact on the success of businesses. International agreements to limit global warming will restrict the amount of fossil fuels that can be burned in the future. This may create difficulties for the fossil fuel industry, including ‘stranding’ assets.
by Ben Scheltus
CEO, Climate Alliance Limited
This article was first published in the September 2015 issue of Governance Directions, the official journal of the Governance Institute of Australia