ACCR has appealed the decision of Justice Markovic in the case of ACCR v Santos Ltd.
https://www.accr.org.au/news/accr-to-appeal-federal-court-judgment/
Commenting on ACCR’s decision to appeal, Brynn O’Brien, Co-CEO of ACCR said:
'This case concerns fundamental legal standards that apply to all businesses in Australia responding to climate change, and which are central to the integrity of market disclosures. The legal issues raised in the judgment warrant clarification by an appellate court.
'In our view, the judgment sets the bar for corporate communication about climate commitments well below market and investor expectations. We think it increases the burden on investors to interrogate the full context in which claims are made, and the assumptions, uncertainties, and emerging technologies that may underpin them.
'Businesses doing hard, evidence-driven work in the energy transition need clear guidance on the standards governing climate disclosures.'









