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Showing 161 - 170 of 243 results for "financial risk"

Climate change, unclear policy response pose investment risk: JANA

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020  |  NEWS
... Tim Conly, head of responsible investment research, JANA JANA has commissioned a study modelling climate-related financial risk including scenario modelling prepared by JANA in conjunction with specialist researcher Climate Insight. "We understand and ...

HESTA to move to net zero carbon emissions in portfolio by 2050

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020  |  NEWS
... world and support the transition to a low-carbon economy," said Debby Blakey, HESTA CEO. "Climate change presents a financial risk to the HESTA investment portfolio and the world in which our members will retire. An urgent response is required and the ...

Climate action by regulators deferred, not denied: MinterEllison

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
The COVID-19 pandemic is not likely to halt regulatory and investor expectations around corporate progress on climate change risk, according to MinterEllison. Sarah Barker, head of climate risk governance at Minter Ellison Lawyers MinterEllison recently ...

APRA creating and recruiting to fill role of head of climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  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. "The guidance will ...

Hong Kong regulators establish sustainable finance steering group

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... support the Government's climate strategies," according to a joint press statement. "Climate change is a source of financial risk impacting the entire financial sector and is highly relevant to our mandate," said Eddie Yue, co-chair of the steering group ...

CCA publishes climate policy toolkit for transition to net-zero economy

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2020  |  NEWS
... shift to low emissions presents many opportunities for Australia." The report suggests pricing climate-related financial risk, citing the Taskforce on Climate-related Financial Disclosures (TCFD) as a way to include risks associated with physical climate ...

Comment: hindsight is 2020

RACHEL ALEMBAKIS  |  FRIDAY, 14 FEB 2020  |  NEWS
... changing climactic conditions. Regulators and investment and legal experts acknowledge that climate change will impact financial risk management and long term investment decisions. This will influence where funds are flowing to and thus asset prices. ...

Climate change, human rights risks intertwined: GCNA

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2020  |  NEWS
Climate change is a strategic risk to business, their employees and the communities in which they operate, and is also intertwined with human rights, according to Global Compact Network Australia (GCNA). Kylie Porter, GCNA executive director GCNA, the ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
This week, Exxon was cleared over charges it had misled shareholders over the cost of climate change, but a legal expert cautioned that directors should not interpret too much from the decision. Sarah Barker, head of climate risk governance at Minter ...

Sexual harassment a potential investment, financial risk in supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 22 NOV 2019  |  NEWS
... that source from factories where there is sexual harassment. "Increasingly, reputational risk is correlated with financial risk, where you've got sexual harassment and systems aren't in place to manage it, brands will lose support," Chinnery said,. "Also ...