Opportunity to Comment: Climate-related financial disclosure

The Federal Treasury Department has developed its Climate Related Financial Risks draft legislation. This work applies to some AMCouncil Members organisations, in particular the large organisations and large super funds initially, then will ramp up to respond to all entities captured under NGERS reporting scheme and other asset owners. Download the Policy Statement and Policy Impact Analysis documents which outline the proposed legislation.

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A novel and innovative approach to condition monitoring

Iberdrola, a Spanish multinational electric utility company, is using a combination of dogs and robots to monitor its solar plants. The company is employing specially trained dogs to detect and locate any potential faults in the solar panels at its facilities. The dogs are trained to identify the odour of overheating electrical components, which can help prevent fires and other safety hazards.

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