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Showing 231 - 240 of 1439 results for "climate change"

NGFS introduces "too-little-too-late" climate scenario

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
... less costly than inaction or a disorderly transition in the longer term. "We are witnessing the early stages of climate change, in the form of unprecedented heat waves, floods and agricultural degradation of increasing frequency," Ravi Menon, chair of ...

New Forests to sell NZ assets

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... David Shelton. "Forestry is an important industry for New Zealand, contributing to the economy, mitigating against climate change, and playing a role in the circular bioeconomy." Last month, New Forests sold a Tasmanian forestry estate to UniSuper and ...

Warakirri launches Sustainability Broadacre Cropping Strategy

ROSE MARY PETRASS  |  FRIDAY, 10 NOV 2023  |  NEWS
... Warakirri Diversified Agriculture Fund, Warakirri Farmland Fund, and Warakirri Cropping. Warakirri has completed a climate change action plan aligned to the TCFD, including greenhouse gas emission baselines and carbon reduction strategies for all of ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... ANZ shareholder is taking the bank to court over allegations that it has failed to manage the material risks of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... phase-in proposal. The firm has represented a range of investors in legal actions dealing with the financial risks of climate change and the ways companies manage those risks. Lawyer David Barnden told FS Sustainability that the existing misleading conduct ...

Most inclusive Aussie orgs named

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... fossil-free superfund Future Super, was on the list. CEO Simon Sheikh commented: "Future Group's mission is to reduce climate change and inequality so I'm deeply proud of the work we do internally as a business to celebrate our diverse employee ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... process. Last year, the five largest banks in Australia were assessed by APRA on the estimated future impact of climate change on the banking sector and how the banks might respond to anticipated physical and transition risks. The results suggest that ...

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... initiatives. It also enrolled in the Principles for Responsible Investment (PRI) Collaborative Sovereign Engagement on Climate Change pilot program in Australia that same month.

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
Climate change is one of the emerging risks to financial stability "for which there is no historical precedent to guide us," according to a speech by RBA Assistant Governor Brad Jones. In a recent speech addressing the risks Australia is likely to confront ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... landscape for finance, as global commitments consolidate and national regulatory settings tighten," EY Australia climate change and sustainability partner Emma Herd said. "There are also significant opportunities for banks which act now to establish ...