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Showing 21 - 30 of 240 results for "financial risk"

SSIM limits NZAM commitment

KARREN VERGARA  |  MONDAY, 10 NOV 2025  |  NEWS
State Street Investment Management (SSIM) is limiting its commitment to the recently revived Net Zero Asset Managers (NZAM), yanking its US business out of the alliance. After a review of the revised NZAM commitments, SSIM said it "will redefine its ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
... accurate and transparent communication to members regarding how we are addressing climate change as a material financial risk." ASIC said payment of an infringement notice is not an admission of guilt or liability. ASIC also confirmed today that Prime ...

Net Zero Asset Managers resumes operations

KARREN VERGARA  |  MONDAY, 3 NOV 2025  |  NEWS
Net Zero Asset Managers (NZAM) is resuming operations after taking a pause in January, saying it is now ready for a new chapter. The alliance, which had more than 300 members at one point, said it has updated it commitment statement that has been shared ...

Young people sue Canadian pension giant alleging climate failures

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025  |  NEWS
... agreed with the member to do more, including acknowledging that climate change is a direct, material and current financial risk.

APRA told to reign in super system's financed emissions

RIDDHIMA TALWANI  |  MONDAY, 20 OCT 2025  |  NEWS
... scope to pursue climate-related investment activities. "Climate change is not a niche ESG issue-it's a systemic financial risk over the 70-year time horizons that many Australians will experience with their super. A VER framework ensures that funds ...

IGCC launches climate resilience, governance guides

JAMIE WILLIAMSON  |  MONDAY, 13 OCT 2025  |  NEWS
The Investor Group on Climate Change (IGCC) has released two new guides, Climate Capability for Boards and Beyond Risk to Building Resilience, designed to strengthen corporate governance and climate resilience. Climate Capability for Boards: A Framework ...

NAB subject to Australia's first bank shareholder resolution on nature risk

ANGELIQUE MINAS  |  TUESDAY, 7 OCT 2025  |  NEWS
... any bank to be funding clients who rely on deforestation to make a profit - these same clients face heightened financial risk associated with the degradation of soil quality, reduced long term agricultural capacity and potentially reduced market access." ...

Norges Bank expands global energy transition investments

MATTHEW WAI  |  MONDAY, 29 SEP 2025  |  NEWS
Norges Bank Investment Management (NBIM), the investment management arm of Norges Bank, has committed $2.3 billion (US$1.5bn) to Brookfield Asset Management's Global Transition Fund II (BGTF II) to expand its current mandate from the government. The ...

ART pledges $2bn towards impact investing

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025  |  NEWS
... Ethical, put Macquarie on notice and called on the investment manager to step up its disclosures on climate-related financial risk to shareholders. In July, Australian Ethical said despite Macquarie's public commitments to support an orderly net ...

Podcast: Enhancing emission transparency

THE GREENER WAY  |  MONDAY, 4 AUG 2025  |  NEWS
In this episode of The Greener Way podcast, Financial Standard 's Eliza Bavin talks with Carl Prins, co-founder and chief executive of PathZero, about the challenges superannuation funds face in managing climate-related financial risks when it comes ...