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Showing 131 - 140 of 240 results for "financial risk"

Hostplus ESG head jumps to HESTA

RACHEL ALEMBAKIS  |  MONDAY, 28 JUN 2021  |  NEWS
HESTA has hired Kim Farrant as general manager responsible investment. She will report to head of impact Mary Delahunty and will be responsible for working within the investment management team to progress HESTA's responsible investment strategy and ...

Role of oil and gas in net zero emission future

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... a really topical issue for investors at the moment, and ithink that's for a couple of rasons." Hillis cited the financial risk of companies that have high emissions profiles as a chief concern for investors. "The other point is we know we're in transition ...

Science-Based Targets an indicator of future climate action: Federated Hermes

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
... we will handle the risk profile like this. It sits out there and it gives you a sense of where they stand from a financial risk point of view. With climate change, the equivalent to me is the idea of the science-based targets, which requires companies ...

Using quant approaches to implement climate change targets

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
Using a systematic, objective and quantitative approach may help investors seeking to implement decarbonising targets into investment portfolios, according to Acadian Asset Management. Acadian, a quantitative equities manager, integrates environmental ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... climate scenarios," Byres said. "Our goal is to better identify and measure the links between climate science and financial risk within the context of existing industry risk assessment frameworks. Without this linkage, climate-related financial risk ...

Trustees squeezed by competing climate risk pressures

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
Super fund trustees are "squeezed" when it comes to managing climate risk, between members seeking divestment, regulatory guidance on managing climate risk, and proposed legislation that may limit access to proxy advisers, according to the chair of ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... climate change." "The draft APRA guidance sends a clear message to directors and trustees that climate risk is financial risk," Herd says. "It means assessment, disclosure and management of an organisation's climate risk exposure is clearly identified ...

NZ climate disclosure legislation to affect Australian entities

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... managing the financial risks of climate change", in which APRA outlined that they would develop on a climate change financial risk prudential practice guide (PPG) to assist entities in complying with existing prudential requirements. ASIC also recommends ...

ASX companies under the spotlight for global investor engagement

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
... Standards Board (SASB) reporting guidelines. "The reason for that is, we're looking at climate risk at that as a financial risk and from the fiduciary perspective," Davila said. "Certainly we have endeavoured to be a little more explicit on some of the ...

Measuring the gap between ASX board ethics, exec performance

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAR 2021  |  NEWS
... the executives examined by the Royal Commission biased short term financial performance over management of non-financial risk "The general focus here is on boards and this is an issue for a board of directors, it has to be driven by the board and the ...