QBE Insurance Group has become the latest big listed company to be hit with a demand for more transparency about potential risks it faces from climate change, amid calls by a prominent company director for boards to consider "uncomfortable questions" on the issue.
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| QBE has been hit with a shareholder resolution on climate risk. |
Melbourne NGO Market Forces, which last year filed similar resolutions targeting Santos, Oil Search and Origin Energy, has this time teamed up with the $10 billion Local Government Super to call for more disclosure of climate risks by the insurer.
Read the story by Ruth Collins in The Age - “Shareholders target QBE over climate change ‘failure’."
