At BCCAG’s February ‘Climate Forum’, Professor Tim Flannery called for the community to take leadership on the critical issue of climate change, where the federal government has failed to do so.
His call was made to the nearly 400 attendees at the successful event, held at Brighton Grammar School’s, Rosstrevor Hall.
Professor Flannery described some of the consequences of climate change, we are dealing with already. From the warming oceans that precipitated the record mass coral bleaching on the Great Barrier Reef to successive, record damaging weather and storm events that the country has witnessed over the past 3 years.
Flannery said he was not a political animal. But he has become increasingly disappointed at the lack of leadership shown by the government to formulate effective climate solutions, such as promoting investment in clean energy, rather than coal.
Alison Rowe, the CEO of the Moreland Energy Foundation and Chair of the Future Business Council spoke about business opportunities in a zero emissions economy. She reminded the audience that company directors are responsible to shareholders for carrying out climate risk assessments and that they can be held accountable for failing in that duty. Since then, an Executive Board Member of APRA Geoff Summerhayes, in referring to the obligation to address Climate Change risk has stated “ .. if you’re an investor and you’re not already asking questions about how the companies you invest in approach these issues – perhaps you should be” . Alison spoke of the benefits of having a triple bottom line on company balance sheets.