The Australian - Carbon Club
The importance given to environmental, social and governance issues is, in the words of Emma Herd, one of those overnight sensations that has taken decades to hit the spotlight.
The outgoing head of CMI member the Investor Group on Climate Change (IGCC) credits COVID as the key reason for the high profile given to ESG issues.
“COVID was a major market disruption during which those companies with high ESG credentials outperformed,” she says.
“The Australian corporate sector has got the message on climate change from its peers, bankers and investors but that is not always the same as doing it.”
