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Showing 231 - 240 of 464 results for "climate risk"

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
... investments have set targets aligned with the Paris Agreement. The $100 billion super fund has published its fourth annual climate risk report, the first since setting a net zero 2050 goal in September last year. As part of the report, the fund disclosed ...

ESG funds, ETPs see billion-dollar inflows

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Net flows to ESG funds and exchange traded products (ETPs) have shown strong growth overall in the last 12 months. According to research from Rainmaker Information, a net total of $1.9 billion have gone into ESG related unit trusts in the twelve months ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Banks are uniquely exposed to the risks of climate change, but uniquely placed to drive the transition to a low carbon future, according to Aviva Investors. "Banks are essential for the global economy," said Aviva Investors senior ESG analyst Richard ...

Companies have duty to act on climate conclusions of IPCC report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... decarbonisation to cap global warming to less than 2°C have also moved, Herd said. MinterEllison partner and head of climate risk governance Sarah Barker noted that company directors and executives need to understand the forward-facing nature of all ...

Investors press for swift action in wake of climate report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... climate action," Grew said. "Collaboration will be key as no one organisation can solve this alone. "We must evaluate climate risk, engage with companies, vote for climate action and continue to decarbonise our portfolios. The sum of these actions sends ...

Quant manager deploys AI to identify corporate greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
Acadian Asset Management has developed an AI system to identify greenwashing in potential investments. Acadian, a quantitative equities manager, integrates environmental, social and governance data widely through portfolio processes. The firm said it ...

Climate friendly super choice could halve emissions: Australian Ethical

RACHEL ALEMBAKIS  |  MONDAY, 2 AUG 2021  |  NEWS
... focus is managing financial risk and making sound financial decisions for the future, and they must take into account climate risk for investments." Australian Ethical's members "value the fact that we're happy to advocate for the better world," McMurdo ...

Maple-Brown Abbott appoint new head of ESG

RACHEL ALEMBAKIS  |  MONDAY, 26 JUL 2021  |  NEWS
... Investors Against Slavery and Trafficking Asia-Pacific. Maple-Brown Abbott also confirmed its commitment to managing climate risk, becoming a signatory to both the Transition Pathway Initiative and the Taskforce on Climate-Related Financial Disclosures. ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... management framework." The report recommends four key actions: adjust risk appetite towards climate change, create a climate risk register, conduct framework gap analysis, and quantify and measure climate risk. In Australia, APRA is developing a framework ...

ASIC reviewing greenwashing in financial products

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... the funds management space," similar to the way that ASIC has reviewed how large, listed companies disclose their climate risk. "Boards should be mindful that prohibitions in the Corporations Act 2001 (Cth) on misleading and deceptive conduct and false ...