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Showing 91 - 100 of 471 results for "climate risk"

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... an impact from where companies are transitioning and an impact on member returns. "Over the long term, increasing climate risk means worse returns for members." The transition to net zero portfolio emissions is highly complex and involves integrating ...

How to spot a credible transition plan: Energetics

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... budget and resources. Q: How do you understand those risks and opportunities and what are the tools? A: Understanding climate risk often starts with climate scenario analysis. There are a range of different potential futures, and businesses need to understand ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... construction services, ICT, textiles, and furniture, fixtures and equipment. The department notes that mandatory climate risk disclosure by large business and financial institutions will help the government consider climate information from large suppliers. ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... that we maintain market integrity to attract the capital required to make the transition to net zero and ensure that climate risk is adequately priced into the market," Longo said. "With demand for sustainable products growing, it's essential that entities ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... Climate impacts are posing more serious risks to investors and regulators in the lead-up to mandatory and voluntary climate risk disclosure regimes, including the Corporate Sustainability Reporting Directive (CSRD), the Task Force on Climate-Related ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... things get meatier." "The TNFD specifically is set up to ask us to think about nature-related risk as you would about climate risk under TCFD, but one of the ways that nature will be a challenge is that it is multi-faceted," Waterford said. "There are ...

NGFS introduces "too-little-too-late" climate scenario

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
... transition toward a sustainable economy. It has released updated long-term macro-financial scenarios for forward-looking climate risk assessments, based on the latest GDP and population pathways and the most recent country-level climate commitments. ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... neutral". The firm represented Kathleen O'Donnell in a case filed in 2020 against the Commonwealth alleging that climate risk was not properly disclosed when O'Donnell invested approximately $1000 in Exchange-traded Australian Government Bonds. ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... banking sector and how the banks might respond to anticipated physical and transition risks. The results suggest that climate risk impacts are likely to be concentrated in specific regions and industries. University of Technology Sydney Institute for ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...