Search Results

Showing 241 - 250 of 985 results for "community"

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... defaults where affected assets are used as collateral. "To better understand the risks to the financial system and broader community that could occur due to changes in the cost and coverage of insurance, APRA, on behalf of the CFR, will soon conduct ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... stakeholders' expectations are high: ecosystems and biodiversity, governance and strategy, and social inclusion and community impact. The group worked with key partners to develop the benchmark, including the Science Based Targets Network (SBTN) ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... said. "We broadly accept that as regulators set in, the accountability on practice is being taking up by the regulatory community and PRI's role should change," Fabian said. "We have an obligation to make sure investors are doing something substantial ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Sydney Jumbunna Institute. Cultural ownership over the land necessitates investment decisions being "defined by the community," Ainsworth added, and in recognition of land holdings - whether it be legal or traditional - revenue should be shared with ...

Investors prepare for urgent action on nature

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... nature is beginning to influence investment decisions. With some nature targets just six years away, the investment community must adapt to evolving regulations and engage actively with the companies they invest in. Asset owners need now consider biodiversity ...

Investors lack clarity, rural solutions lack funding

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... more funding to develop and grow industries, as well as the necessary social infrastructure and services to support the community around those industries. Through FRRR's new Community Led Climate Solutions program (CLCS), grants are on offer until the ...

Connecting capital to nature the next challenge: ASFI

RACHEL ALEMBAKIS  |  FRIDAY, 20 OCT 2023  |  NEWS
... "massive gulf" between innovations in nature positive solutions and natural capital accounting within the scientific community and how the finance sector is able to respond, and she sees the role of ASFI at this point in connecting those "parallel worlds". ...

Reducing risk and navigating a just transition

ROSE MARY PETRASS  |  THURSDAY, 19 OCT 2023  |  NEWS
... unfair" transition. Organisations on the ground say more work needs to be done to support workers, their families, and the community. Estelle Parker, executive manager at the Responsible Investment Association of Australia (RIAA), said that communities ...

Investors up the ante on company biodiversity risks

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... Millington said the non-profit financial think tank is involved with developing practical guidance for the investor community to drive the changes required in company practices. "The value of nature in the world economy is becoming increasingly recognized ...

France "Say on Climate" law scrapped

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
... specialist adviser Harriet Kater told FS Sustainability that Say on Climate was gaining momentum in the Australian investment community. "There is definitely investor support for a mandatory Say on Climate in Australia. A recent joint statement from ...