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Showing 91 - 100 of 463 results for "climate risk"

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 ...

ESG factors increasingly drive financial decisions

ROSE MARY PETRASS  |  MONDAY, 30 OCT 2023  |  NEWS
... as materiality to reduce security risk (26%), ability to drive positive returns (19%), governance concerns (19%), climate risk (15%), and social risk (15%). 2023 saw an increase in ESG metric reporting with 66% of managers reporting ESG metrics for all ...

ASX50 lags on disclosure of political spending: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... companies have long realised that accelerated widespread decarbonisation has the highest net return when it comes to climate risk and opportunities, and commitments along those lines are common," said IGCC managing director, policy Erwin Jackson. "However ...

NSW Anti-slavery commissioner raises alarm on ASX risk

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... it as a governance risk," he said. "We need to see that modern slavery risk is, like the negative externality of climate risk, and like other forms of entrenched rent-taking, a product of poor governance at the system level. It's a system failure that ...

How to build a climate-resilient business: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... performance) and interdependencies between mitigation and adaptation need to be better understood. An integrated approach to climate risk management that would enhance the value and credibility of an organisation's climate transition plan. Q: What ...

Two-thirds of boards lack ESG understanding: PwC

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... affecting their companies, just a quarter report a robust sense of carbon emissions and even less of their company's climate risk or strategy. Half (51%) of directors say their board is adequately prepared for upcoming mandatory ESG disclosures, up from ...

Bowen paints mixed outlook for energy future

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
Minister of Climate Change and Energy Chris Bowen delivered a pessimistic outlook on containing global warming at 1.5C as Australia heads into a "long hot summer". However, Bowen maintains optimism on the state of Australia's renewable rollout amid ...

Coal mine case sets climate risk precedent

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... case had won it would have "set a precedent that all new coal and gas projects must be properly assessed for their climate risk to our environment."

Investors up the ante on company biodiversity risks

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... Robeco - are supported by a secretariat and technical advisory group that includes the Ceres Investor Network on Climate Risk and Sustainability, the Institutional Investors Group on Climate Change, the Finance for Biodiversity Foundation and Planet ...