Dr JAMES McDOWALL (ACT): Thank you, Madam Speaker. I rise on behalf of ACT to take a short call on this bill. The objective of this bill is to ensure that the effects of climate change are routinely considered in business, investment, lending, and insurance underwriting decisions. However, these effects are already routinely considered by business. We have sensible, incentive-based mechanisms in place, and, furthermore, successful businesses are those that are responsive to changing consumer demands. There is little doubt that the companies covered by this bill respond to those demands and publish information about their sustainability initiatives, including around climate change. Just look at any annual report over the last 10 years at the very least, and I don't think we need to mandate greenwashing. 