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Hydrogen technologies timeline in Australia
Insight 04 Jul 2021

Hydrogen fuel offers Australia a low-emissions, clean, storable energy solution for our future domestic energy needs. Our timeline details major milestones for hydrogen technologies in Australia. ...

The 'Say On Climate' - what do boards need to know?
Insight 16 Jun 2021

As we enter the 2021 AGM season, it is clear that climate-related issues will remain a key focus for listed entities and their shareholders. ...

Simplifying standards: trusted overseas product safety standards to be adopted in Australia
Insight 15 Jun 2021

The Federal Government has announced it will begin consulting on amendments to the Australian Consumer Law (ACL) which would allow businesses to rely on compliance with certain trusted overseas product safety standards (in lieu of the equivalent Australian standard) when supplying products to the Australian market. ...

Commitment made, now to implement: embedding ESG best practice
Insight 10 Jun 2021

In terms of achieving the potential to use international law frameworks as a tool to set company policy on ESG issues, we discuss recommendations for using these frameworks to audit the commitments the company makes. ...

Elevating ESG: how to establish and embed leading practices
Insight 10 Jun 2021

It is essential to prioritise ESG. A confluence of factors are accelerating the importance of ESG and these have material impacts for organisations operating in Australia. This insight will assist boards, senior executives, in-house counsel, sustainability teams, and risk and compliance leaders to act as strategic partners to the business as it shapes its ESG agenda. ...

Navigating the energy transition
Insight 08 Jun 2021

Australia is rapidly transitioning away from a centralised, coal-based energy system to one that is more decentralised and focused on renewable energy. This transition is being accompanied by increasing scrutiny of the human rights performance of renewables projects, including new benchmarking and a greater number of complaints. It is critical to know what practical steps to take towards implementing and embedding a strong approach to human rights compliance. ...

Key developments for APRA-regulated entities in managing climate risks
Insight 11 May 2021

Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...

EU carbon tariffs on the horizon – what Australian trading businesses need to know
Insight 27 Apr 2021

The European Union's Parliament has adopted a resolution supporting the introduction of a Carbon Border Adjustment Mechanism (CBAM) to tax carbon emissions embedded in foreign imports entering the EU. The EP has resolved to implement by 2023 a regime that is compliant with World Trade Organization (WTO) rules. ...

Your jointly proposed pecuniary penalty may not be appropriate
Insight 27 Apr 2021

The decision of the Full Federal Court in the appeal of Volkswagen v ACCC is an important reminder of the court's supervisory role in approving pecuniary penalties jointly proposed by parties to a proceeding. It also reinforces an identifiable increase in the value of pecuniary penalties sought and obtained by the Australian regulators in enforcement proceedings since 2015. ...

Investor state arbitration and the environment: preparing for change in 2021 and beyond
Insight 14 Mar 2021

The overlap between international investment and environmental protection is expanding, eg with environmental protection provisions featuring in recent International Investment Agreements (IIAs) and international Free Trade Agreements (FTAs), and environment-related investor-state disputes. ...

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