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Showing 1521 - 1530 of 2526 results for "Clima"

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
APRA is developing a framework to assess Australia's largest banks for their vulnerability to climate risk. APRA is working in partnership with the country's five largest banks to design a climate vulnerability assessment (CVA) which will assess not ...

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 ...

AMP Capital Wholesale Office Fund hits net zero target

RACHEL ALEMBAKIS  |  TUESDAY, 4 MAY 2021  |  NEWS
AMP Capital's Wholesale Office Fund (AWOF) has achieved net zero carbon status for its internally managed assets with a new renewable Power Purchase Agreement (PPA). The PPA with Diamond Energy is linked to solar farms in central NSW. AMP Capital explains ...

AICD presses case for stakeholder role in governance

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
Recent governance failures at companies such as Rio Tinto and AMP show the risks and damage caused when decisions are disconnected from stakeholder interests, according to a new guide to stakeholder engagement by the Australian Institute of Company ...

Steep rise in demand for ESG wealth management products: EY

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
A majority of Australians say they have sustainability goals for their investments, but many feel their wealth manager "falls short" in understanding their values. There is an overall growth in "for purpose" investing in wealth management clients, according ...

New CEO search underway for IGCC

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
The chief executive officer of the Investor Group on Climate Change (IGCC) will step down after six years in the role to join a leading professional services firm. Emma Herd joined IGCC in 2015 following fifteen years in sustainable finance in the banking ...

Calculating value of biodiversity: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
Biodiversity and the value of ecosystem services are a critical part of a healthy global economy, with investors working to calculate risk and opportunity on investment portfolios. BNP Paribas Asset Management has named biodiversity as one of its key ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide ...

Earth Day brings tidings of climate change commitments

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
Timed to commemorate Earth Day 2021, FS Sustainability has received a plethora of announcements and commitments from investors, businesses and beloved consumer goods pledging action on climate change. To name and annotate each organisation making a ...

Rest launches Sustainable Growth option

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
The $59 billion Rest industry super fund has launched its responsible investment option. As reported in sister publication Financial Standard, Rest's 1.7 million members will now have access to 'Sustainable Growth', the fund's first ...