CANBERRA: The Australian government has announced new laws that will force big companies to disclose their emissions reduction efforts reported Xinhua.In a speech on Monday, Treasurer Jim Chalmers said the proposed Australian climate risk disclosure system would provide clarity and certainty for investors and businesses looking to manage climate risks and invest in new opportunities.Under the plan, big businesses including banks would be compelled to reveal publicly what they are doing to reduce their carbon emissions and fight climate change.Chalmers told the Australian Sustainable Finance Institute that credible disclosures would guarantee Australia remains competitive in global capital ma
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