2015 Business Leadership Awards
We are pleased to announce the 2015 Climate Alliance Business Leadership Awards.
The awards recognise Australian business leaders and organisations that have demonstrated leadership by addressing the opportunities or risks presented by climate change. The Climate Alliance awards celebrate the achievements of Australia’s Boards, Directors, Executives, Secretaries and companies. The awards will be presented at the Climate Alliance National Conference that will be held in Melbourne on 3 September 2015.
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
No Turning Back
IGCC 2015 Climate Change Investment and Finance Summit
Date: Tue 6 - Wed 7 October, 2015
The IGCC 2015 Summit is a unique event, in a catalytic year of progress as governments, capital markets and society address the economics of climate change. As economic growth decoupled from emissions for the first time in 2014 (IEA) and with the historic June G7 announcement in Germany to decarbonise the global economy, a turning point in the transition to the low carbon economy was reached, from which there is ‘No turning back’. The Summit will draw on local and international actions and political will to expedite the low carbon transition in the Australian economy.
The Summit will provide an opportunity to engage directly with key local and international investors, financiers, and policy makers to specifically address and accelerate the solutions to climate change. Additionally, it is a platform to showcase your organisation’s expertise, thought leadership and product innovation in investment and finance as it relates to climate change practice and implementation.
Climate Alliance has access to a special discount of $100 off when using the code MEMBERPROMO at the Registration – PLEASE FORWARD to your network!
Who is attending? So far there is a solid line up of CEO’s, CIOs, directors from 15+ funds and 50+ organisations. Don’t miss this unique opportunity to engage with the entire breadth of market participants in one place.
Directors' personal liability for corporate inaction on climate change.
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
Climate Alliance 2015 National Conference
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
Please REGISTER HERE
EIU - Investors could lose if climate change risk is ignored.
Aviva has commissioned the EIU (Economist Intelligence Unit) to assess the climate risk to the insurance industry.
See here for Aviva’s response.
From the EIU Report:
“Either they will experience impairments to their holdings in fossil-fuel companies should robust regulatory action on climate change take place, or they will face substantial losses across the entire portfolio of manageable assets should little mitigation be forthcoming”.
According to the report, the current value at risk from climate change is $4.2trn (£2.7trn) which it pointed out was roughly the total value of the world’s publicly listed oil and gas companies or the entire GDP of Japan.
The report also found that the tail risks were more extreme, 6°C of warming could lead to present value losses worth $13.8trn (£8.9trn) and as climate change was global in scope and irreversible, lower growth and diminished prosperity would result.
‘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
Open Letter from Global CEOs to World Leaders Urging Concrete Climate Action
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