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Showing 271 - 280 of 1451 results for "Climate Change"

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... direct abatement needs will rise to 43 million tonnes per year by 2035. EY co-leader of the Net Zero Centre and climate change and sustainability partner Emma Herd noted that while there are still carbon offsets available at below $50/tonne, the ACCU ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... sophistication and approach to financial reporting." Directors will have to grapple with the forward-looking nature of climate change impacts estimates, but Barker notes that directors are responsible for other estimates in financial disclosures already. ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... to align with 1.5 Paris goal," said Richard Proudlove, director of corporate engagement at the Investor Group on Climate Change (IGCC), one of five investment steering groups that coordinates the activities of Climate Action 100+. "Although companies ...

Climate fund assets reach half a trillion dollars

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... surged 30% in the past 18 months. The research from financial research firm Morningstar, Investing in Times of Climate Change, has found that the menu of options for climate-conscious investors has over the past five years now reached over 1400 open-end ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... companies into which it invests; publication of ESG reports - that the fund reviews and discloses its environmental, climate change and social impacts; investment processes - disclosure of the practices through which it implements ESG principles regarding ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... disproportionately benefit those with the most," she said. According to EY co-leader of the Net Zero Centre and climate change and sustainability partner Emma Herd, "investors are grappling with how to balance the different facets of carbon risk across ...

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
Divesting from emissions-intensive assets may maintain or even increase the systemic risks that climate change poses to overall financial returns of the institutional investors that part-own them. While companies and investors are turning to divestment ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... million members, as well as our people and the communities in which we operate," Patrick said. "The risks posed by climate change are some of the most significant of our time. Our members put their trust in ART to look after their retirement outcomes ...

HESTA releases 2023 AGM hit list

ROSE MARY PETRASS  |  MONDAY, 25 SEP 2023  |  NEWS
Climate change, gender equality, decent work, and natural capital and biodiversity loss are priorities for one major Australian superfund when it comes to the 2023 ASX300 AGM season. HESTA, which has approximately $76 billion in assets under management ...