Search Results

Showing 351 - 360 of 2286 results for "risk"

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... Superannuation Investors (ACSI) conference yesterday about the unchecked environmental, social, and corporate governance (ESG) risk arising from the use of AI systems. Davis is a director at UTS' Human Technology Institute (HTI), which released The State ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
Fund members want their super funds to focus on risk-adjusted returns, not nation-building rhetoric, said Paul Schroder, chief executive at Australia's largest superfund with A$300 billion AUM. Speaking at the closing panel session of the Australian ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Adaptation should be rolled out alongside emissions mitigation, says assistant minister for climate change and energy Jenny McAllister. It is estimated that climate change will cost US$1.7-3.1 trillion a year through to 2050 globally. For example, the ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
... "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs in communities most at risk of natural threats, enhance mitigation measures, and promote better outcomes for consumers. Terms describing "fire" ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... relative to the constituents in the underlying-parent indices. S&P DJI used S&P Global Sustainable1's Nature & Biodiversity Risk dataset to assess nature-related impacts and dependencies across a company's direct operations at an asset, company and ...

Firms wrestle with ESG data challenges

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... and instrument data. Fulfilling regulatory requirements was the next highest priority (35%), followed by meeting climate risk and net zero objectives (18%). "While quality and comparability remain a global challenge, data management is coming into sharp ...

Cannon-Brookes backs rural climate fund

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
Rural climate projects now offer a wide range of opportunities for "green" investors to pile into. The Foundation for Rural & Regional Renewal (FRRR) has awarded nearly $280,000 for community-led climate solutions projects in remote, rural and regional ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... economically active in Myanmar." Part of this engagement it demands for improvement to ESG factors or to mitigate reputational risk - and "most companies are open to this dialogue". They said that engagement is "escalated further if necessary, up to ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... including asset owners." The network has now launched phase two of its engagement plan to push companies to address climate risk and implement transition plans. Following this, 60 new signatories with approximately US$3 trillion in AUM have joined globally. ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Aussie directors are feeling the heat on climate risk and regulatory pressure, while preparation for mandatory climate reporting is a mixed bag. The majority (80%) of Australian directors are concerned about climate-related risks. Of those who reported ...