The essays in this symposium allow us to compare polices and practices in selected Asia-Pacific jurisdictions with respect to corporate ESG and especially climate change. Rapid regulatory changes have occurred just within the past few years. But so far such efforts do not seem to be having a significant impact on climate change problems.
Australia: Fast-Growing Awareness and Activism
ESG-related shareholder proposals have become an established practice in Australia and company directors at recent annual shareholder meetings have faced a barrage of questions relating to carbon emissions reduction, which is a major political issue in Australia. There is also growing support for ESG-related shareholder proposals.