Our Summit earlybird sales have seen registrations come in at record levels, boding well for attendance of 500-600 delegates at this year’s event in May. It’s great to see a large group of Australia’s climate change and business professionals committing to attend the premier event with us at the MCG, but it’s even more exciting to see the number of new businesses that have registered, and that are clearly seeing climate change as a serious agenda item.
A little over two years on from the advent of the Paris Agreement, where 196 countries committed to limiting global warming to well below two degrees (towards 1.5 degrees) below pre-industrial levels, we are seeing the business community start to really take on board the implications of climate change. And it’s not just happening in Australia. Across the globe, local, state, and multinational entities are starting to feel the effects of climate change – whether it be from extreme weather events, or more chronic events that will continue to destabilise environments, economies and societies in which they operate. What’s more, as countries begin to take action on climate change under their own Paris Agreement commitments, companies are beginning to see regulatory and financial impacts on their operations as various policy frameworks and market mechanisms that place responsibility for emissions reduction on those organisations that do the emitting.
Here at home, business is faced with the same challenges – Australia has been through the first year of operation of its Safeguard Mechanism, and many are wondering how they will be affected, and indeed whether they will face a liability in this first period or in the future – which is likely. More broadly, companies are facing strategic and financial risks, as the recommendations of the Taskforce for Climate-Related Financial Disclosure start to raise questions from analysts and investors over how companies are reporting on, and managing their climate risk at a strategic and board level.
Many of the companies and individuals that are serious about managing climate risks and opportunities have already committed to attend the 5th Australasian Emissions Reduction Summit, and by attending will form the nexus of knowledge sharing and commercial interaction that will drive Australia’s transition to a low-carbon economy. Make sure you are a part of the Summit’s corporate climate change ecosystem and find the information and the connections you need to ensure your business can face the challenges ahead.Register Now