find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Clients won't budge on climate change

Clients won't budge on climate change

Large Australian organisations are becoming more aware of the business risks around climate change but have held back taking action in the current fog of legislative uncertainty, a new survey reveals.

LARGE Australian organisations are becoming more aware of the business risks around climate change but have held back taking action in the current fog of legislative uncertainty, a new survey reveals. 


A survey of 119 business managers found that as a result of an uncertain regulatory environment,  businesses are refusing to kickstart concrete preparations for a carbon constrained future. 


The survey, conducted by global business and risk consulting firm, Protiviti, found that 48 per cent of managers were unable to undertake long term business planning and 44 per cent had delayed implementing a comprehensive carbon risk management framework for their organisation.


According to Gary Anderson, managing director of Protiviti, the findings reveal won't really budge on a carbon future until the carbon legislation is signed, sealed and delivered.  


“As long as the politicians keep wavering about carbon policy, it will be business as usual for Australian companies who will continue to put off making real changes to the way they operate.  The unpredictability of the legislation is currently so extreme that many companies think their best option is just to wait and see,” said Anderson.  


The extent of corporate inaction contrasts sharply with an overall rise in awareness about the business risks of climate change. A total of 44 per cent of respondents rated the risk posed by the CPRS to their business as either medium, high or extreme, up 10 per cent on the previous quarter.  


“The silver lining is that companies are giving closer consideration to assessing the true extent of their carbon risk. Clearly there’s a desire to size to up the problem even if they may have no urgency to do anything about it,” said Anderson.  


Law firms have sent their climate change experts to Copenhagen, meanwhile, to report back to clients on the events and discussions coming from the United Nations Climate Change Conference. 


Deacons sent Elisa de Wit, the firm's climate change practice leader, has joined seven of her colleagues from the soon-to-merge with Deacons firm Norton Rose. Freehills is sending Renee Garner, who blogs about her experiences from the conference. 


Minter Ellison also sent its climate change expert Cheryl Edwardes, a special counsel and former WA Environment Minister, to Copenhagen for the talks. Edwardes has been feeding information back to her key clients. She will be following it up with post conference reports to clients in Perth, Sydney, Melbourne and Brisbane to assist them with forward planning. 




 



Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Clients won't budge on climate change
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice
Dec 15 2017
Timing ‘critical’ in unusual contempt of court ruling
A recent case could have interesting implications for contempt of court rulings, according to a Ferr...
Dec 14 2017
International arbitration and business culture
Promoted by Maxwell Chambers. This article discusses the impact of international arbitration on t...
Papua New Guinea flag
Dec 14 2017
World-first mining case launched in PNG
Citizens of Papua New Guinea have launched landmark legal proceedings against the country’s govern...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...