Article 6YSA4 ‘Significant gap’ between Australian companies’ climate commitments and how they actually invest, analysts find

‘Significant gap’ between Australian companies’ climate commitments and how they actually invest, analysts find

by
Graham Readfearn Environment and climate correspon
from on (#6YSA4)

Experts say the level of ambition in Labor's upcoming 2035 emissions target will influence the capital decisions of many companies

Investment analysts have uncovered what they say is a significant gap" between the climate commitments of major Australian companies and how they actually spend their money.

A report from climate consultancy group Pollination included analysis of the public climate disclosures of 12 major Australian companies, looking especially at their decisions on how and where to spend capital.

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