You are the Chair of the Board with an accounting background for kr.com.au a (mythical) Top 300-500 ASX listed company. 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?

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