Search Results

Showing 21 - 30 of 33 results for "Physical Climate Risk"

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... are not perfect. The main deficiency is that the standards are not sufficiently detailed when it comes to physical climate risk, he told FS Sustainability. "The standards are an excellent start but further work is needed to ensure companies are reporting ...

Firms wrestle with ESG data challenges

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... infrastructure investments. However, they do not know how to measure and manage this risk. 97% of investors believe physical climate risk is significant, and 76% expect it to have a medium or high impact on infrastructure investments. Just 16% have an ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... Insurance Council of Australia's Climate Change Roadmap, which states that Australia is "on the frontline" of physical climate risk. Insurance Council of Australia told FS Sustainability: "To mitigate transition risks, many insurance companies are incorporating ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A global coalition of institutional investors with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. ...

Climate minister identifies climate adaptation as key priority

RACHEL ALEMBAKIS  |  TUESDAY, 22 AUG 2023  |  NEWS
Investing in adaptation and resilience measures will build long-term economic stability, but there are barriers preventing private investment, particularly in high-risk regions. Assistant Minister for Climate Change and Energy Jenny McAllister identified ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
While nearly 70% of the ASX200 is now reporting against the Taskforce for Climate-related Financial Disclosures (TCFD) framework, "not all net zero commitments are equal" and significant Scope 3 emissions disclosure gaps remain. New research by the ...

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
A coalition of Australia's largest superannuation funds and fund managers have outlined "high priority" policy recommendations including a 75% reduction target by 2035. The Investor Group on Climate Change (IGCC) has called on the federal government ...

Leaders on road to ESG maturity by 2030: KPMG

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
... events pose to their business operations, infrastructure and people - 38% of respondents believe that in 2030 physical climate risk and the resilience of their value chains will be a priority. This increases to 60%amongstbusinesses over $500 million. ...

Charting a course to net zero: Neuberger Berman

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... said. "For example, we would argue that emerging market credit is likely to be more volatile because of physical climate risk than it has been historically, because of challenges of adaptation and resilience, so how do you build that into the model that ...

Investors lag in integrating climate risk: PGIM

RACHEL ALEMBAKIS  |  THURSDAY, 25 FEB 2021  |  NEWS
... the example of direct real estate. "You have real estate in places like Miami, Mumbai and Melbourne, where physical climate risk has usually been calculated at the postcode/zip code level, but by leveraging data that insurers use, investors can get more ...