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Understorey: The New Boardroom Climate

Recent articles in The Guardian and The Conversation have highlighted the legal and market pushback that board directors now face if they ignore their obligations to humanity by harming the environment. Two weeks ago Rio Tinto became the first board in Australia to accept a shareholder resolution to align with the 2015 Paris Accord on Climate Change. This recommendation arose from a proposal put by the Friends of the Earth subsidiary Market Forces and the Australasian Centre for Corporate Responsibility. Understorey this week focuses on this new shareholder revolt against companies ignoring the climate emergency.     Understorey speaks with one of the three authors of the Conversation article, Associate Professor Ben Neville, from the Faculty of Business and Economics at the University of Melbourne, about why “Big Oil, Gas and Coal are running out of places to hide.”

Montage: A Glamorgan

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