The Third Wheel Podcast Series: ESG in Australia Episode 15

By Timothy Stutt, Jojo Fan and Mark Smyth Episode 15 – Climate change and ESG litigation trends in the consumer sector with Jojo Fan and Mark Smyth In this episode, Tim invites our disputes team to share climate change and ESG litigation insights. Jojo Fan from our Hong Kong office and Mark Smyth from the … Read more

London Stock Exchange’s Proposed Voluntary Carbon Market

Further to the London Stock Exchange’s (“LSE”) announcement during COP26 that it was developing a market offering to support publicly traded carbon funds, the LSE launched a consultation last week on its new Voluntary Carbon Market (“VCM”). The consultation period closes on 11 July 2022 and the final rules are expected to be published by the end … Read more

The Third Wheel podcast series: ESG in Australia Episode 14

By Olga Klimczak and Nerida Jessup Episode 14 – Fix the workplace, not the worker with David Burroughs, Westpac In this episode, our Employment, Industrial Relations and Safety team take the wheel, with Olga Klimczak and Nerida Jessup hosting special guest, David Burroughs, Chief Mental Health Officer at Westpac. It’s an important, and lively, discussion on how organisations are shaping work … Read more


Introduction The third part of the Sixth Assessment Report, Climate Change 2022: Mitigation of Climate Change, the Working Group III contribution was due to be published early on Monday 4 April 2022. However, as a result of disagreements between major polluters on issues such as the definitions and relative responsibilities of developed and developing countries, … Read more


The IPCC’s Working Group II has issued its latest Sixth Assessment Report (AR6) publication – the 2022 AR6 Group II Report (the “Group II Report“). This report addresses climate change through the lens of impacts, adaptation and vulnerability. It follows the 2021 AR6 report which was released pre-COP26 and was endorsed by 195 governments across … Read more

ISSB publishes exposure drafts of two Sustainability Disclosure Standards

In March 2022, the International Sustainability Standards Board (ISSB) published two exposure drafts setting out proposed International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards. The IFRS, which sets global accounting standards, established the ISSB in light of increasing calls for transparent, reliable and comparable reporting by companies on ESG matters. The proposed standards are intended … Read more

Starting shot for the implementation race – Initial thoughts on the SFDR RTS adopted on 6 April 2022

The wait is finally over: On 6 April 2022, the EU Commission adopted the Regulatory Technical Standards (“RTS”) for the Sustainable Finance Disclosure Regulation (“SFDR”). Below we have set out our initial thoughts on this text which will be a central working document for the full implementation of SFDR by the financial services industry. Based in part on … Read more

The Third Wheel podcast series: ESG in Australia Episode 13

By Timothy Stutt and Melanie Debenham Episode 13 – Australian Federal Election with Graham Phelan, Frontier Economics Mel and Tim discuss a key battleground ahead of the election, climate change action, with Graham Phelan, ESG Lead for Frontier Economics. Graham takes a look back at previous election results to predict whether climate change action and … Read more

Climate change and ESG litigation trends in the consumer sector

Mark Smyth (Partner, Sydney) and Jojo Fan (Partner, Hong Kong) discuss the rapidly increasing developments in climate change and ESG litigation globally including greenwashing, inadequate disclosure and challenges for manufacturing and governments. They share their insights on what the future of climate litigation may hold for the consumer sector. Listen About the Future of Consumer … Read more