Climate case against Australia could force issuers into new risk disclosures

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By Lewis McLellan
05 Aug 2020

The case of O’Donnell versus the Australian Commonwealth, if successful, could force all issuers seeking to make use of the Australian bond market to make thorough disclosures of their climate strategy.

Kathleen O’Donnell, a 23 year old law student and holder of Australian government bonds, has begun a class action lawsuit against the Australian government for failure to disclose climate risks in its bond documentation. David Barnden, the principal lawyer at Equity Generation Lawyers, who is acting for O’Donnell, ...

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