Insured losses from natural catastrophes $150 billion in 2022BY ROSE MARY PETRASS | THURSDAY, 30 MAR 2023 12:02PMNatural disasters resulted in global economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. Related News |
Editor's Choice
Australian Ethical adds $1bn to FUM in three months
The ethical manager wrapped up the financial year with a strong performance, gaining almost $1 billion in FUM to $14.5 billion from the March quarter.
Lower battery costs advancing Australia's net-zero goals: CSIRO
Renewable energy backed storage remains the lowest-cost pathway to achieving Australia's net zero electricity system, according to the latest GenCost report from CSIRO and the Australian Energy Market Operator (AEMO).
AMGC, ARENA launch $10m fund for industrial decarbonisation
Advanced Manufacturing Growth Centre (AMGC) has launched a $10 million fund with the backing from Australian Renewable Energy Agency (ARENA) to help accelerate industrial decarbonisation through co-investment in smaller manufacturing facilities.
Microsoft emissions jump on data centres buildout
Microsoft has reported a jump of 25% in its total greenhouse gas emissions in the financial year 2025.
Videos
Brought to you by ![]()
Further Reading
Whitepapers
Roundtable reflections: Is ESG dead?
"Is ESG dead?" we asked at our recent Responsible Investors (RI) roundtable in May this year. Short answer: no.
AI-washing and cyber-washing
Key legal and regulatory enforcement risks for Australian organisations.
Is there an ethical way to play AI?
Balancing innovation and sustainability in one of the most compelling investment themes of our time.
ESG implications of the US-Iran conflict
The US-Iran conflict is doing more than lifting oil prices. It is reshaping the ESG realm through energy security, food inflation, health risks and national ...
Expert Feed
How economics and energy security are driving the next phase of the energy transition
Looking ahead, the next phase of the energy transition will be defined by practical system build-out rather than headline climate commitments.
Sustainability in 2025: Building resilience and navigating risks
In 2025, there is likely to be much scrutiny around US President Donald Trump's anti-green agenda in particular.
Balancing Investor expectations with entrepreneurial growth
Recent headlines highlighting corporate management shortfalls in companies led by their founders underscore the need for rigorous governance standards.
Avoiding the carbon budget risk
While many financial institutions have made public net zero commitments, how can we know whether these goals really amount to action on climate change?
ACCESS MORE CONTENT
Financial Standard
Australia's most-read trade publication for wealth management professionals.
