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Showing 341 - 350 of 2286 results for "risk"

Nature taskforce announces leadership overhaul

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
The co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD) has moved into a senior advisory role, alongside eight other heavyweights. The other senior advisors hail from the World Economic Forum (WEF), Global Canopy, the Green Finance ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024  |  NEWS
... enforcement, Kirkland said the regulator simply cannot act on every event of misconduct in the industry. "ASIC applies a strategic, risk-based approach to enforcement. We cannot take action in every case of misconduct. That being the case, the absence ...

Key sector could boost economy by $100 billion

ROSE MARY PETRASS  |  FRIDAY, 22 MAR 2024  |  NEWS
A peak body says Australia could become a powerhouse if investors are more willing to take a chance on funding innovation. Australia risks becoming a nation of consumers rather than creators "paying rent" to the rest of the world, with research and ...

Institutional investors shift gears amid "new market regime"

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024  |  NEWS
Nuveen's latest global institutional investor survey shows that investors are adjusting risk management and asset allocation strategies due to geopolitical tensions, higher rates, market volatility, and upcoming elections, with three themes dominating ...

Legal loophole fail: compliance won't dodge risk

ROSE MARY PETRASS  |  THURSDAY, 21 MAR 2024  |  NEWS
... behind the scheme works with Canberra to update cultural heritage laws. Investors face financial, legal and reputational risk if they fail to navigate due diligence, disclosures, engagement, and stewardship expectations appropriately. But current policies ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... amount of sustainable financing and ESG investments, the reduction of electricity consumption in the bank's buildings, climate risk management, improvements in gender diversity, and governance factors including control risk management, anti-money laundering ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... McKinsey report claimed that generative AI adoption in financial services could fundamentally reshape employee tasks, from risk assessments and fraud detection to software development and customer service. It projects that nearly one-third of task hours ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... money delivers a positive impact. This surge in ethical investment fervour comes with a warning sign: move the needle or risk losing members. In fact, three-quarters of Aussies would change providers if their fund doesn't align with their values - and ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
The call to stamp greenwashing at the root may have the potentially unintended consequence of stopping big companies from doing a better job at tackling environmental risks, including climate change. It was a packed room last Thursday at the annual ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... publicly divest if they fail to comply," Morgan said. Fully, 29 of the 30 funds identify climate change as a significant risk and/or have set an emissions reduction target through an active ownership strategy. Super fund support for climate-related shareholder ...