Question: 1. With reference to the above documents and associated resources: a. Explain climate-related risks in terms of: i. Transition risks; and ii. Physical risks; b.

1. With reference to the above documents and
1. With reference to the above documents and associated resources: a. Explain climate-related risks in terms of: i. Transition risks; and ii. Physical risks; b. How and why are climate related risks different to other emerging risks? c. Identify and explain climate related opportunities, using examples, in terms of: i. Resource efficiency; ii Energy source; iii. Products and services; iv. Markets; and v. Resilience d. Identify and explain the financial impacts of climate related risks and opportunities in terms of: i. The Income Statement; ii. The Cash flow Statement; and iii. The Balance Sheet 2. Identify and explain the recommended disclosures that organisations should provide in their financial statements with regards to: a. Governance; b. Strategy, c. Risk Management; and d. Metrics and Targets. 3. Identify and explain the principles for effective disclosure developed by the TCFD 4. Analyse the extent to which the TCFD principles for effective disclosure are consistent with the IASB / AASB conceptual framework Select two companies, one from: (a) either the banking or insurance industries; and (b) the energy industry (oil and gas, coal, electric utilities) and select either their financial, sustainability or integrated report for the financial year ending June 30, 2018 and describe, compare and contrast the climate change disclosures that they provided with regards to

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