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Showing 41 - 50 of 407 results for "climate risk"

Two-thirds of boards lack ESG understanding: PwC

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... affecting their companies, just a quarter report a robust sense of carbon emissions and even less of their company's climate risk or strategy. Half (51%) of directors say their board is adequately prepared for upcoming mandatory ESG disclosures, up from ...

Bowen paints mixed outlook for energy future

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
Minister of Climate Change and Energy Chris Bowen delivered a pessimistic outlook on containing global warming at 1.5C as Australia heads into a "long hot summer". However, Bowen maintains optimism on the state of Australia's renewable rollout amid ...

Coal mine case sets climate risk precedent

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... case had won it would have "set a precedent that all new coal and gas projects must be properly assessed for their climate risk to our environment."

Investors up the ante on company biodiversity risks

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... Robeco - are supported by a secretariat and technical advisory group that includes the Ceres Investor Network on Climate Risk and Sustainability, the Institutional Investors Group on Climate Change, the Finance for Biodiversity Foundation and Planet ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... focus on the task ahead. The AICD guide is designed to support directors as companies shift to mandatory reporting of climate risk and opportunity, which brings an evolution as directors get comfortable with signing off on complex disclosures. "This ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... allocation of capital on delivery and particularly, based on disclosures, it doesn't seem as though the transitional climate risk is being built into capital allocation frameworks in a significant enough way." There is also lagging action on plans for ...

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
... potential consequences of fossil fuel exclusion policies and that investors ensure managed decline is considered as a climate risk strategy. Companies should assess the relative merits and risks associated with emissions-intensive asset sales by investee ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... Trust's Net Zero 2050 Roadmap takes a long-term view that aims to be pragmatic, measured and actionable, to help manage climate risk while safe-guarding and growing the retirement savings of our members to help them retire well, with confidence," ...

US regulator adopts tighter rules for ESG fund names

RACHEL ALEMBAKIS  |  THURSDAY, 21 SEP 2023  |  NEWS
... investors put their hard-earned savings into an 'ESG' or 'fossil free' fund, they expect to reduce their climate risk and not own big oil, coal, and deforestation," said As You Sow CEO Andrew Behar. " These new rules will help provide ...