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Showing 11 - 20 of 29 results for "Climate Risk Assessment"

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025  |  NEWS
... her new role, Gaskin will lead the asset management division's contribution to the newly legislated climate risk assessment and reporting per the Australian Sustainability Reporting Standards. The new standards came into effect in January this year. ...

ERM inks deal with Energetics

ROSE MARY PETRASS  |  TUESDAY, 11 JUN 2024  |  NEWS
... climate change and corporate sustainability practice, enhancing its decarbonisation strategy and reporting, climate risk assessment and adaptation planning, energy and carbon markets, and accounting services. The deal hinges on obtaining Foreign Investment ...

Climate-committed investor group grows to $35tr AUM

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... enforce climate-related disclosures during 2024. The group also contributed to shaping Australia's National Climate Risk Assessment, focusing on the financial implications of physical risks, systemic risk mapping and building a climate-resilient economy. ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...

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

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has published new climate scenarios including predictions that a net zero transition could be "too-little-too-late," disorderly and delayed. The group, consisting ...

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 ...

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
APRA chair Wayne Byres flagged that the results of the climate vulnerability assessment (CVA) of the country's five largest banks are expected to be released "in a month or two." Byres highlighted that climate change is a disruptive risk in a speech ...

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

Super funds that invest responsibly draw market share: RIAA

RACHEL ALEMBAKIS  |  THURSDAY, 2 DEC 2021  |  NEWS
... trustee/board/guardian level; up from 74% in 2019 and 64% in 2018. O'Connor noted that the increased responsibility of climate risk assessment comes at a time of increased regulatory focus on climate risk, including APRA's issuance of a climate risk ...

Calculating the social cost of carbon: Dimensional Fund Advisors

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAR 2021  |  NEWS
The total cost of future damage caused by greenhouse gas emissions can be used to estimate a price as a basis for generating climate change policy as well as considering impacts on companies, according to Dimensional Fund Advisors. Joseph Chi, head ...