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Showing 21 - 30 of 463 results for "climate risk"

Asset managers move climate targets in-house

ROSE MARY PETRASS  |  THURSDAY, 12 DEC 2024  |  NEWS
... than those that have withdrawn during the same period," said Duncan Paterson, IGCC director of investor practice. "Climate risk is financial risk, and the initiative will continue to support investors globally as they seek to mitigate it." In July 2024 ...

Green moves: Fremantle Seaweed, Impact&ble, Emmi, Petuna Aquaculture

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
A climate risk institute has scooped up Altius Asset Management co-founder, meanwhile a company cutting methane from cow burps nabs Ethical Partners' former head of stewardship. Altius Asset Management co-founder Bill Bovingdon has been named the ...

Funds SA loses ESG executive

ELIZABETH FRY  |  MONDAY, 2 DEC 2024  |  NEWS
... the investment process, redesigned and managed the socially responsible investment option and developed the first Climate Risk Response Plan and associated reporting against the plan. Funds SA chief executive John Piteo said: "We are thankful for the ...

Green moves: Westpac, Care Super, BlackRock, Quinbrook, Ortec, CAA

ROSE MARY PETRASS  |  THURSDAY, 28 NOV 2024  |  NEWS
... client servicing, climate and ESG solutions. A decade-long Ortec veteran, de Reus specialises in stochastic modeling, climate risk evaluation, and scenario analysis to guide financial institutions on climate strategy integration. "There is inevitably ...

Global corporate emissions fall for first time

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
... to new findings made using advanced artificial intelligence to fill disclosure gaps. Financed emissions data and climate risk analyst Emmi looked at 45,000 public companies for its study, 'Estimating The Corporate Carbon Footprint: A Meta-Model Machine ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... time is going to depend on the quality of the system in 10 to 20 years' time." Pulido noted that the cost of climate risk is a burden felt by both the private and public sectors. What's needed, she said, is a need for public-private collaboration ...

More work needed on climate risk response

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
Australia's prudential supervisor says while larger entities continue to improve their climate risk maturity, there remains room for improvement. The Australian Prudential Regulation Authority (APRA) urged all regulated entities to consider the ...

Back on the huddle, fund flows into clean energy

MICHELLE BALTAZAR  |  MONDAY, 11 NOV 2024  |  NEWS
Physical climate risks could wipe out the lion's share of investor money into infrastructure assets by 2050, research shows, but there is a way to dodge a crisis, delegates heard. Day two of the IGCC summit kicked off with a brighter mood than the ...

81 major investors lock in climate targets

ROSE MARY PETRASS  |  THURSDAY, 31 OCT 2024  |  NEWS
... bonds, equities, real estate, and infrastructure. Despite the momentum, Wendy Walford, NZAOA policy track co-lead and climate risk head at UK finance firm Legal & General says more needs to be done. "Despite significant advances in asset owner portfolio ...

As water rises, insurer swims against tide

ROSE MARY PETRASS  |  WEDNESDAY, 30 OCT 2024  |  NEWS
... prevent taking on too much risk and the insurance payouts that come with it. Strengthening property resilience against climate risk is one way to prevent the damage. So far, the insurer says the strategy is working. Past credits have already been used ...