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Showing 21 - 28 of 28 results for "nature risk"

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
As the world gears up for COP28, practitioners are preparing for a significant shift towards the integration of nature and climate in reporting. Evan Center, an expert in environment and climate change with the United Nations Global Compact Network ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
An ANZ shareholder is taking the bank to court over allegations that it has failed to manage the material risks of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... in line with global best practice voluntary commitments, incorporate ecosystem services into land valuations, apply nature risk and opportunity frameworks to operations and value chains. "Nature and biodiversity risks are increasingly becoming part of ...

Corporates to begin adopting final TNFD recommendations

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  TUESDAY, 19 SEP 2023  |  NEWS
... Elizabeth Mrema said that with nature degradation increasing six of the nine planetary boundaries already breached, "nature risk is financial risk". "To date, businesses have mostly considered nature to be an unlimited and free provider of critical inputs ...

Prepare for TNFD: FSI release guide on nature risks

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023  |  NEWS
... level," Lee said. "Companies are not voluntarily disclosing." To help investors make decisions around biodiversity and nature risk, FSI has made the decision to today share its internal tool from its nature and biodiversity investment teams. Lee is the ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... is something that investors in particular are increasingly focused on. She said many companies don't understand nature risk, and the new guidelines will help them to assess it. "It's been interesting speaking to companies that have piloted earlier ...

Mandatory reporting on biodiversity "likely" for companies: Melior

RACHEL ALEMBAKIS  |  TUESDAY, 29 NOV 2022  |  NEWS
... pilot phase of the TNFD beta framework through co-chairing the Responsible Investment Association Australasia's Nature Risk and Exposures Working Group. Melior believes that it would be valuable for companies to participate in the pilot testing of ...

Why Australian corporations should act on biodiversity loss and management

LOUISE CAMENZULI, JULIA GREEN  |  THURSDAY, 1 SEP 2022  |  NEWS
... acting on biodiversity. The economic value of biodiversity is clear given that the World Economic Forum's 2020 Nature Risk Rising Report found that US$ 44 trillion of economic value generation - over half the world's total gross domestic product ...
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