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Showing 11 - 20 of 108 results for "Financial System"

Investing during a disorderly transition: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... scenarios to choose can be a challenge - for example, 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" ...

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 ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
The financial system is rushing to upskill on ESG as the concept becomes more integrated into the industry, with teams increasingly comprising of staff with specialist sustainability skills alongside traditional finance experience. ESG is becoming embedded ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... sustainability-related risks, capitalise on opportunities, and build a stronger, more resilient and more inclusive financial system," said Australian Sustainable Finance Institute (ASFI) CEO Kristy Graham. ASFI is the overarching body coordinating the ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... "Nevertheless, these early results need to be treated with caution as our understanding of climate-related risks to the financial system is still developing; losses could be larger and occur faster than currently anticipated," he said. "More advanced ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... this arena. The pathways are intended to "clarify the different roles of responsible investors in a sustainable financial system," PRI said. "As we start to work through the broader questions of what responsible investment means, what ESG informed investing ...

Successful merger for social and inequality reporting framework

ROSE MARY PETRASS  |  FRIDAY, 1 SEP 2023  |  NEWS
Two initiatives focusing on inequality-related and social-related financial disclosures have successfully consolidated into a single taskforce to address related risks in reporting. The initiatives - the Taskforce on Inequality-related Financial Disclosures ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... particular, the heightened uncertainty around how the climate will change and how this will impact the economy and financial system. Furthermore, these changes are occurring over a prolonged timeframe, not just a normal business/policy cycle. And there ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... University, won the award for their roles in driving the adoption and use of green finance research across the global financial system, aligning with the UK's legally binding net-zero targets. UBS also provides a range of investment styles and strategies ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
The global financial system will see progressive deterioration of sovereign credit ratings in 59 countries due to climate-related factors, resulting in a substantial rise in both corporate and sovereign debt by tens of billions of dollars from 2030. ...