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BAO 3309 ADVANCED FINANCIAL ACCOUNTING BLOCK 2 2021 ASSESSMENT 2 INDIVIDUAL CASE STUDY No

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BAO 3309 ADVANCED FINANCIAL ACCOUNTING BLOCK 2 2021
ASSESSMENT 2 INDIVIDUAL CASE STUDY No. 3
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 folder) and answer the following questions:
1. Explain the role of the Australian Council of Superannuation Investors (ACSI) in
requiring companies to undertake climate modelling as a process of coercive
isomorphism.
2. Refer to the climate change section of the ACSI website: https://acsi.org.au/our-
issues/climate-change/
a. Why is climate change a concern to the investment community?
b. 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
c. How has ACSI sought to influence how organisations manage climate change
risk and how this can lead to the institutionalisation of climate change risk
assessment practices by companies

3. Explain the Business Council of Australia’s (BCA) development of a policy of a net
zero emissions by 2050 as a process of normative isomorphism.
4. Refer to the energy and climate change section of the BCA website:
https://www.bca.com.au/energy_and_climate_change
a. Identify what the BCA believes should be the four key goals of an energy and
climate change framework
b. Explain the relationship between climate change policy and business
investment