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ARTICLE · 16 AUGUST 2023

The future of biodiversity risk assessment for corporations

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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Biodiversity and climate change are now fundamental aspects of a corporation's risk assessment and strategic planning.

AustraliaEnvironment
Louise Camenzuli
Louise Camenzuli
Adam Stapledon
Adam Stapledon
Alison Morris
Alison Morris
Samantha Yeung
Samantha Yeung
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Biodiversity and climate change are now fundamental aspects of a corporation's risk assessment and strategic planning.

A number of upcoming regulatory changes and legal developments are driving the future of biodiversity regulation and sustainable financing in the Australian corporate space. What strategies can directors adopt now to stay ahead of the game?

Mandatory climate-related disclosures

The Taskforce on Climate-related Financial Disclosures (TCFD) was established to develop global recommendations on the types of financial information which should be disclosed by a corporation to allow investors, lenders and insurance underwriters to properly assess and price risks relating to climate change.

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