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Showing 1521 - 1530 of 2525 results for "climate"

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
... at a price that is less than what we've paid for traditional electricity and that supporting renewables and combatting climate change is not only the right thing to do for the environment but also cost effective for our investors." Diamond Energy is ...

AICD presses case for stakeholder role in governance

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... suppliers, Aboriginal and Torres Strait Islander people, as well as activists and community groups on matters such as climate change, human rights and workforce culture. The guide notes that management should lead day-to-day stakeholder engagement, but ...

Steep rise in demand for ESG wealth management products: EY

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... year, and is growing fastest among the industry's wealthiest clients, the EY report notes. In the last 12 months, "climate change has not only climbed the agenda of 24% of the mass affluent population but also among 46% of ultra-high net worth clients." ...

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
... to the ecosystems' current health. The indicator can help understand which environmental pressures, such as land use, climate change, nitrogen deposit and others are most contributing to the negative impact of a given company or of a given portfolio. ...

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
... 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 pledge towards managing or mitigating climate change would give ...

Rest launches Sustainable Growth option

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... factors and have been identified as able to help the transition to a low carbon economy, or which have limited exposure to climate-related transition risks. The criteria for the option's infrastructure assets also excludes investing in companies that ...