Navigating environment and climate-related risks and opportunities
The increasing complexity of environment and climate-related regulation in Australia and globally poses a great challenge for organisations across all sectors.
As the environment impacts on people and communities, and good corporate governance minimises the risks of adverse impacts, sustainability and environmental, social and governance (ESG) challenges and opportunities are interlinked.
But sustainability goes further than mere compliance – it requires organisations to adopt a holistic approach to environment and climate-related issues. This is demanded not only by the law, but by the society in which organisations operate.
Essential ESG is a podcast by Corrs that breaks down topical issues affecting the rapidly evolving environmental, social and governance landscape in Australia and beyond, and offers insights for organisations on navigating sustainability risks and opportunities. Listen to the latest episode here:
Green claims guidance: the ACCC signals its expectations for businesses making environmental and sustainability claims
The ACCC’s draft guidance provides a roadmap for businesses seeking to mitigate the risk of breaching the law when marketing their products or services using environmental and sustainability claims.
Read MoreBiodegradability of plastics: discussion paper
A joint collaboration between Corrs Chambers Westgarth and The University of Queensland, this discussion paper describes what is meant by biodegradable plastics and considers issues arising from the current state of play in terms of knowledge, policy, law and expectations.
Read MoreThe greenwashing of financial products: the fine line between marketing and misleading
In February 2023, ASIC launched its first greenwashing court proceeding and has labelled greenwashing intervention an enforcement priority. How can organisations avoid a greenwashing claim, and prepare a financial services business for the future of ESG regulation?
Read MoreCommonwealth Modern Slavery Act review: what can organisations do now to prepare for tougher modern slavery laws?
On 25 May 2023, the Federal Government released the much-anticipated report on the statutory review of the Modern Slavery Act 2018 (Cth). What can organisations do now to prepare for tougher modern slavery laws?
Read MoreNature positive reforms: everything you need to know about Australia’s new biodiversity market
This Insight explores in detail Australia’s new ‘world-first’ biodiversity market legislation, which provides a framework for a voluntary national market intended to deliver improved nature and biodiversity outcomes.
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