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Thursday, 26 November 2015
Page: 9089


Senator WATERS (QueenslandCo-Deputy Leader of the Australian Greens) (11:56): I move:

That the following matter be referred to the Economics References Committee for inquiry and report by 22 June 2016:

Disclosure and reporting on carbon risk, in regard to:

(a) current and emerging international carbon risk disclosure frameworks;

(b) current carbon risk disclosure practices within corporate Australia;

(c) the role of carbon risk disclosure within existing Australian corporate governance and financial reporting framework and barriers to carbon accounting;

(d) implications of a global agreement to limit global warming to 2 degrees or stabilise at 1.5 degrees for Australia's financial system stability;

(e) Australian involvement in the G20 Financial Stability Board discussions on carbon risk impacts for financial stability;

(f) current regulatory and policy oversight of carbon risk disclosure across government agencies; and

(g) any other related matters.