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Showing 41 - 50 of 122 results for "ocean"

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 ...

Impact investing as greenwashing antidote: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Building portfolios around metrics such as direct revenue with real world social and/or environmental impact may be a solution to greenwashing, according to T. Rowe Price. Recently, T. Rowe Price global impact equity strategy Hari Balkrishna was in ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... Building on the TCFD's focus on atmospheric emissions, the TNFD approach goes beyond emissions reporting and covers land, ocean, freshwater and atmosphere, facilitating the assessment and reporting of nature-related dependences, impacts, risk and ...

GRESB leader now 100% green loan financed

ROSE MARY PETRASS  |  THURSDAY, 19 OCT 2023  |  NEWS
Frasers Property Group and Scentre Group have ranked among the top real estate firms in the world in the biggest year to date for the Global Real Estate Sustainability Benchmark (GRESB) assessment. This year GRESB Real Estate Assessment participation ...

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 ...

Nature credits a potential bonanza for Australia

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
Australia is "uniquely positioned" to profit from any biodiversity credit market based on nature-positive outcomes, but it will require collaboration from business and government to grow a thriving market, according to analysis from Clayton Utz. Off ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
The Australian government is considering introducing a carbon tariff on carbon-intensive imports such as steel and cement to level the playing field for Australian business that are incurring costs to decarbonise their products. If Australia introduces ...

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Financiers do not assess and disclose deforestation and biodiversity loss in Australia and may not even be aware of the risk when funding Australia's primary industries. New research from EY commissioned by The Wilderness Society found that deforestation ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... in the climate system which scientists warn may occur as early as 2025 "with 95% certainty". A collapse of this important ocean system would dramatically restrict Europe's agricultural output and lead to more extreme weather events. Among 16 other tipping ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... none have commitments to avoid other forms of damage to natural habitats such as wetland draining for agricultural use or ocean pollution. ShareAction head of financial sector standards Claudia Gray commented: "It is alarming to see too many asset managers ...