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Showing 111 - 120 of 463 results for "climate risk"

Prepare for TNFD: FSI release guide on nature risks

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023  |  NEWS
Ahead of the release of the final draft of the Taskforce on Nature-Related Financial Disclosures (TNFD) this month, investors are struggling to understand and assess nature-related investment risks and to bridge the gap between the framework and the ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... climate change risks and opportunities. "Investors are using increasingly sophisticated measures to assess sovereign climate risk in their investments. Over time this may affect capital costs for sovereign and other issuers in relevant markets. "Genuine ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Commonwealth of Australia will for the first time disclose climate risk in sovereign bonds following the settlement of a world-first class action lawsuit. The case was filed in 2020 by Kathleen O'Donnell, represented pro bono by Equity Generation ...

Investors in hot seat over impact of 50-degree day

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... degrees and analyse the impacts on investments and communities. The impact of a 50 degree day is the subject of a climate risk simulation exercise at the AIST Superannuation Investment Conference 2023. Sister publication Financial Standard is the media ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
The Reserve Bank of Australia has committed to a 2030 net zero target for all Scope 1 and Scope 2 emissions. Speaking at the Sir Leslie Melville Lecture in Canberra, incoming governor Michele Bullock announced the target and said the central bank is ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... 2022 alone. The European Commission has confirmed a new requirement for companies to use a new checklist to disclose climate risk, as well as whether they have climate transition plans that align with ESG concerns. Reports for 2024 data are due out in ...

Investors consider greenwashing when setting net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... adopted a strategy, just staying silent on some of these issues." Daisy Mallett, a legal consultant specialising in climate risk issues, and co-author of "Greenwashing and how to avoid it: An introductory guide for Asia's finance industry", a collaboration ...

Climate minister identifies climate adaptation as key priority

RACHEL ALEMBAKIS  |  TUESDAY, 22 AUG 2023  |  NEWS
Investing in adaptation and resilience measures will build long-term economic stability, but there are barriers preventing private investment, particularly in high-risk regions. Assistant Minister for Climate Change and Energy Jenny McAllister identified ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... Davidson said. "It will focus the minds of the 30% of ASX200 companies that continue to provide limited information on climate risk to the market. It's time all companies realise that they, along with the entire economy, face climate risks that they ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... moving away from coal. But this might also mean investors will be expecting higher yields to compensate them for climate risk going forward. Conversely, she said that when renewables went up, yields went down. Governments are "rewarded for lower carbon ...