Refer to the article “Super funds ramp up pressure on companies to take action on climate” by Richard Gluyas which as published in the Australian on 11/3/2020 (a pdf version of this article is available in the assessment 2 folders) and answer the following questions:

Explain the role of the Australian Council of Superannuation Investors (ACSI) in requiring companies to undertake climate modeling as a process of coercive isomorphism.

Refer to the climate change section of the ACSI website Why is climate change a concern to the investment community?

Explain the comment “ACSI has been engaging companies on climate change risks and opportunities for over a decade” from the perspective of the managerial branch of stakeholder theory How has ACSI sought to influence how organizations manage climate change risk and how this can lead to the institutionalization of climate change risk assessment practices by companies

Explain the Business Council of Australia’s (BCA) development of a policy of net zero emissions by 2050 as a process of normative isomorphism.

Refer to the energy and climate change section of the BCA website:

Identify what the BCA believes should be the four key goals of an energy and climate change framework Explain the relationship between climate change policy and business investment

Answer rating: 100% (QA)

The Australian Council of Superannuation Investors ACSI is a notforprofit organisation that represen... View the full answer