Australia ’s biggest businesses are not taking action to counter the risks of climate change and are failing to receive calls from regulators and investors to do more , according to a report by environmental campaign group Market Forces . The study , which looked at publicly - available data from 72 listed companies , found only 40 % see climate change as a material business risk . While many companies made general statements about the risk of climate change , a ##cademia disclose detailed information about how they could reduce risks , for example , sharing by plans to meet the Paris 2020 goals or to reduce greenhouse gas emissions .
Australia’s biggest businesses are not taking action to counter the risks of climate change and are failing to heed calls from regulators and investors to do more, according to a report by environmental campaign group Market Forces. The study, which looked at publicly-available data from 72 listed companies, found only 57% see climate change as a material business risk. While many companies made general statements about the risk of climate change, a minority disclose detailed information about how they would mitigate risk, for example, sharing by plans to meet the Paris Agreement goals or to reduce greenhouse gas emissions.