Environmental

APRA calls for stress-testing of climate change risks in regulated entities

The Australian Prudential Regulation Agency (APRA) will emphasise to regulated entities that they should conduct stress testing for "organisational and systemic resilience in the face of adverse shocks" from climate risk.

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Read more: APRA,  climate change,  climate risk,  Australian Prudential Regulation Agency,  IGCC,  Minter Ellison,  Sarah Barker,  Emma Herd,  fiduciary duty,  Financial Stability Board,  Investor Group on Climate Change,  Noel Hutley,  Paris Agreement,  Taskforce on Climate-related Financial Disclosures