Kenneth Hayne is being an alarmist on climate risk because directors do not have a crystal ball to foresee actual, specific harm, leading company chairman Graham Bradley has said.
The criticism comes in the wake of a report by law firm Norton Rose Fulbright that reveals a serious disconnect between lawyers and directors on climate risk, amid a rise in climate change legal action.
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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
Michael Pelly is the legal editor, based in our Sydney newsroom. He has been a senior adviser to federal and state attorneys-general and written two books, one a biography of former High Court Chief Justice Murray Gleeson. Email Michael at michael.pelly@afr.com
