Search Results

Showing 161 - 170 of 556 results for "conduct"

APRA flags extension of climate vulnerability asssessment to super, insurance

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
The climate vulnerability assessment (CVA) that APRA conducted with Australia's five largest banks is likely to be expanded to other industries overseen by the prudential regulator, including super funds and insurers, according to deputy chair Helen ...

Climate risk warning on government bond yields

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
The transition risks of climate change are being underestimated in their impacts on government bond yields and investors need to pay more attention to how transition risk will impact the liquidity and stability of sovereign debt markets, according to ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
HESTA has placed AGL, Origin, Santos and Woodside on a watchlist over concerns that their stated climate strategies do not meet the transition pathway to containing global warming at 1.5˚C. The $68 billion super fund has also lifted its 2030 emissions ...

No ESG drag seen in performance test results

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
It is not apparent that MySuper funds that use ESG investing strategies are failing the MySuper performance test under the Your Future, Your Super legislation. As reported in sister publication Financial Standard, five MySuper products have failed the ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... storage and environmental impacts of blue hydrogen. The suit claims that Santos is engaging in misleading or deceptive conduct in potential contravention of both corporate and consumer law. The Environmental Defenders Office (EDO) is acting on behalf ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
The Reserve Bank of Australia has identified liability risk as one of the climate risks that businesses that do not sufficiently respond to climate change will face. RBA head of domestic markets Jonathan Kearns spoke at the Credit Law Conference this ...

Companies lag on digital transformation: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
More than a fifth of organisations across a range of industries are not undertaking a digital transformation, despite the rapid acceleration in the use of technology spurred by the COVID-19 pandemic, the Governance Institute has found. The Governance ...

Fixing Australia's complicated carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
Australia's carbon market is "fragmented, inefficient and complicated," according to the Climate Change Authority (CCA). The CCA has released its Review of International Offsets, which finds that the international carbon market is still evolving. ...

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
NGS Super has divested from more than $190 million in oil and gas exploration and production companies, predominately Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon ...