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Showing 561 - 570 of 1093 results for "Economy"

FSI unlocks green finance for unlisted infrastructure fund

RACHEL ALEMBAKIS  |  MONDAY, 6 DEC 2021  |  NEWS
... will activate exclusively to fund projects and assets necessary for the transition to a low carbon and climate resilient economy. The facility provides bridge funding, pending drawdown from the fund's institutional investors. As part of the process of ...

APRA releases guidance on climate change risk

RACHEL ALEMBAKIS  |  THURSDAY, 2 DEC 2021  |  NEWS
... final prudential practice guide on climate change financial risks. Noting that climate risks extend to all sectors of the economy, APRA noted in Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229) that "the need to adapt to the ...

Sustainability moving from "why" to "how": Banksia Foundation

RACHEL ALEMBAKIS  |  MONDAY, 29 NOV 2021  |  NEWS
... provide that information as clearly as possible for industry." APCO also works to drive information around the circular economy, which is a key strategy that businesses are seeking to adopt, said Andrew Petersen, chief executive officer of the Business ...

Willis Towers Watson names head of sustainable investment

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... world," Unger said. "We want our actions and advice to result in significant reductions in carbon emissions in the real economy. This means that we need to be able to measure the impact of the advice that we provide and the changes that our clients make ...

Top 100 asset owners "hold keys" to net zero: Willis Towers Watson

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... is likely to introduce guidance for financial institutions." APRA and RBA noted that because climate change affects the economy and the financial system, it is within the mandates of both institutions to address climate change risks. "What all of this ...

Assessing ESG risk, opportunity through the legal lens: Corrs

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 NOV 2021  |  NEWS
... focus and how organizations are going to manage their shift from where we are now and the probably-inevitable net zero economy by 2050, Wynn-Pope said. "But what does that look like, and how do you position the business to do that in a way that might ...

Biodiversity loss a material financial risk: ACSI

RACHEL ALEMBAKIS  |  TUESDAY, 23 NOV 2021  |  NEWS
... Biodiversity loss is a material financial risk for Australian companies that could wipe out up to $27 billion from the Australian economy annually by 2050, according to a report by the Australian Council of Superannuation Investors (ACSI). ACSI has released ...

Australia needs 2035 net zero target: RMIT

RACHEL ALEMBAKIS  |  TUESDAY, 9 NOV 2021  |  NEWS
... Paris Agreement is one that aims for net zero by 2035. To support businesses who are transitioning to a net zero future economy, the federal government should mandate more stringent and consistent reporting, re-introducing carbon pricing, and reforming ...

RBA, APRA outline COP26 commitments

RACHEL ALEMBAKIS  |  FRIDAY, 5 NOV 2021  |  NEWS
... environment and climate risk management in the financial sector. APRA and RBA noted that because climate change affects the economy and the financial system, it is within the mandates of both institutions to address climate change risks. APRA pointed ...

Measuring transition risk key to picking climate leaders: Aviva Investors

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
... one of the issues at play will be how to measure and manage the transition from the current, fossil-fuel powered global economy to the low carbon economy that is intended by 2050. This transition brings opportunity, but also risk. Transition risk is ...