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Showing 251 - 260 of 464 results for "climate risk"

Powerful signal on climate with votes, court decisions

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... receiving legal advice that they have a duty of care in their legal obligations as directors when it comes to managing climate risk. According to a recent legal opinion, Climate Change and Directors Duties, written by Noel Hutley and Sebastian Hartford-Davis ...

$515 million sustainability loan anchors seaport refinance

RACHEL ALEMBAKIS  |  THURSDAY, 20 MAY 2021  |  NEWS
... had in place a diversification strategy, and like many infrastructure assets we are conscious of our exposure to climate risk," she said. "We have a strategy in place such that we do have a sustainable asset for future generations." Chan discusses the ...

Unite the league: investors join climate coalition

RACHEL ALEMBAKIS  |  MONDAY, 17 MAY 2021  |  NEWS
... TelstraSuper and U Ethical demonstrate the responsible and practical actions these organisations are taking to address climate risk and help achieve the goals of the Paris Agreement. "We are proud to have our first bank partner on board as the initiative ...

Science-Based Targets an indicator of future climate action: Federated Hermes

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
... and within their jurisdictions, how closely they follow that to indemnify themselves," Reznick noted. Management of climate risk also plays out in terms of volatility in long term bond tenor as well, Reznick said. By setting rigorous targets and disclosing ...

Using quant approaches to implement climate change targets

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
... what we believe the best approach might be." Because there are different definitions and calibrations to reducing climate risk in portfolios, and because there are "multifaceted" ways to approach reducing those exposures, there can be different outcomes ...

APAC investors ahead of North America on climate action: PGIM

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... economy. Approximately two thirds of investors say they're considering the overall risks of climate change when building climate risk into portfolios, while 56% say they consider the investment opportunities that might arise from climate change. "My ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
APRA is developing a framework to assess Australia's largest banks for their vulnerability to climate risk. APRA is working in partnership with the country's five largest banks to design a climate vulnerability assessment (CVA) which will assess not ...

Trustees squeezed by competing climate risk pressures

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
Super fund trustees are "squeezed" when it comes to managing climate risk, between members seeking divestment, regulatory guidance on managing climate risk, and proposed legislation that may limit access to proxy advisers, according to the chair of ...

New CEO search underway for IGCC

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... change," Herd says. "Even as there is more work to be done. "Investors are moving in large numbers to address the climate risk they are exposed to and seize the enormous opportunities in the transition to net zero emissions. I am incredibly proud of ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... financial risks created by climate change." "The draft APRA guidance sends a clear message to directors and trustees that climate risk is financial risk," Herd says. "It means assessment, disclosure and management of an organisation's climate risk exposure ...