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Showing 141 - 150 of 464 results for "climate risk"

ISSB standards do not introduce increased risk for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023  |  NEWS
... opinion finds that Australian company directors should already be focussing on materially financial issues such as climate risk and other sustainability matters, and that the ISSB standards provide a "helpful blueprint" to do so. "Directors must make ...

ASFI outlines roadmap for sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... economic context. Coming on the heels of Treasurer Jim Chalmers announcing that government will introduce mandatory climate risk reporting standards as a first step towards a more ambitious sustainable finance strategy next year, the ASFI paper outlines ...

Climate skills demand outstrips supply in finance: UTS

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... report found that the most important skills identified for current roles are reporting and disclosure followed by climate risk management, while the topic in greatest demand for upskilling is scenario analysis. The majority of respondents feel they need ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
The federal government will seek to introduce mandatory climate risk reporting standards as a first step towards a more ambitious sustainable finance strategy next year. Treasurer Jim Chalmers announced a consultation paper on climate risk reporting ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... banking sector and how the banks might respond to anticipated physical and transition risks. The results suggest that climate risk impacts are likely to be concentrated in specific regions and industries. APRA cited the risk that "mortgage lending losses ...

Podcast: Harnessing emissions data to drive climate impact

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
Patricia Torres, head of sustainable finance solutions, Bloomberg talks about the urgent challenge on managing climate risk over the next eight years, and what would constitute a successful outcome at COP27.

Strengthen governance to avoid investment greenwashing: SSGA

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... "There's also a bit of a sequencing issue. We're seeing regulators come out and requesting funds to disclose ESG or climate risk when the issuers of the underlying holdings are not making those disclosures yet. That's a sequencing issue ...

IFM hires ESG exec from Mercer

ELIZABETH FRY  |  THURSDAY, 10 NOV 2022  |  NEWS
... and UniSuper were part of a list of 10 institutional investors highlighted by the Investor Agenda for their work on climate risk. The Investor Agenda is comprised of seven investor groups - the Asia Investor Group on Climate Change (AIGCC), CDP, Ceres ...

CDP to adopt ISSB climate standard from 2024

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 NOV 2022  |  NEWS
... global voluntary environmental disclosure platform. As of 2022, 18,700 companies reported data on carbon emissions, climate risk and management through DCP. The announcement by CDP and the IFRS Foundation, will accelerate the early adoption of IFRS S2 ...

Regulatory roundup on key sustainability developments

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... but also by considering the experience of the CVA participants and how their organisational approach to addressing climate risk has evolved." ASIC greenwashing investigations continue ASIC chair Joe Longo said the market regulator is currently investigating ...