Search Results

Showing 101 - 110 of 530 results for "climate risk"

Watchdog cracks down on climate reporting

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
... report from 1 July 2027. The Financial Services Council (FSC) said the laws are essential for investors to understand climate risk. "Accurate climate disclosures provide Australian investors data that will help in pricing the risk and opportunities of ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... Woodside "disregarded the world-record vote" and urged investors to exert influence on the resources house to curb climate risk. Potential abatement from Woodside's ammonia purchase is "a drop in the ocean" compared to Driftwood LNG's expected ...

New forecasting tool for climate risk

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
... climate risks are insufficient, according to UNSW academic Tanya Fiedler. Her research at the UNSW Institute for Climate Risk and Response concludes that 'storylines' offer a more effective way to understand and communicate climate impacts, bridging ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
... metrics. Entities must disclose current and future climate-related actions and effects, including emissions data, climate risk management, capital deployment, scenario analysis, resilience, and transition plans. The Responsible Investment Association ...

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
The major professional services business is the latest of the Big Four accounting firms to report on Task Force on Climate-related Financial Disclosures (TCFD). This comes as the federal government's legislation on mandatory climate reporting is ...

S&P Global gains top sustainability expert

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
... side, I strongly realised the value and importance of having access to robust, credible and high-quality ESG and climate risk data, backed by consultative and collaborative service teams." At the insurer, Lucchese led a team tasked with embedding ­sustainability ...

NorthStar Impact analyst joins TCorp

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
TCorp has hired a new senior analyst to join the stewardship team on climate risk. Joining from NorthStar Impact, Sophia Carson Edwards has seven years' experience in the investment management industry. Before NorthStar, she was a sustainability ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... what transition policies will be implemented across the various nations." If current policies continue, physical climate risk will amount to a US$3.25 billion impact on GDP by 2030; US$6.75bn by 2050; and US$27.4bn by 2100. An orderly transition to net ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Net zero target setting and disclosures are on the rise amid growing concern around the financial risks of climate change, according to a group of 325 investors with over US$57.5 trillion AUM. The group - Net Zero Asset Managers (NZAM) - aims to decarbonise ...

ISS ESG to plug emissions data shortfall for banks, insurers

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
... which would help investors and asset owners allocate capital to businesses that are more adept at managing their climate risk goals. The regulatory deadlines imposed by the government on robust emissions reporting, under the Climate reporting Bill, are ...