You are an independent consultant hired to look at future risk issues, by a mythical Top 300-500 ASX listed company (kr.com.au au). You are concerned that the company is not taking climate change seriously so the Board of Directors have asked you to present a Report on Climate Change. The particular issues that the Board require you to specifically consider, and answer are:

1 What is climate change?

2 Should the company be concerned about climate change as a current or future risk?

3 What skills given your accounting background do you believe you have that will convince the Directors about the companys response to climate change?

4 What if any requirements or recommendations currently apply to the company having a public statement on sustainability issues such as climate change?

5 What Framework would you recommend the company should consider?

6 What requirements are expected to apply in the future on sustainability for the company?