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Showing 51 - 60 of 114 results for "Financial System"

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... activities, but also exposed to broader financial stability risks given the deep interconnectivity of the global financial system. "Climate change doesn't know any barriers or boundaries, it doesn't discriminate between a 'good bank' and a 'bad bank,'" ...

Pengana Capital reports positive impacts of equities fund

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
... investor in listed equities, and they can see they have a contribution in that they try to support the wider financial system to enable better financial outcomes." The WHEB Sustainable Impact Fund discloses the underlying holdings of the entire portfolio ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... (CVA) which will assess not only their potential exposures to climate risk, but wider vulnerabilities in the financial system and economy at large. "The purpose here is multi-fold," said Graham Sinden, head of climate risk at APRA, at a panel presentation ...

Investors outline roadmap for mandatory climate disclosure

RACHEL ALEMBAKIS  |  TUESDAY, 29 JUN 2021  |  NEWS
... Australian regulators and governments will have the data they need to maintain the stability of the Australian financial system in the face of growing and more frequent shocks from worsening climate change."

JANA hires first head of sustainability

RACHEL ALEMBAKIS  |  MONDAY, 24 MAY 2021  |  NEWS
Investment consulting firm JANA has hired Rachel Halpern as its first head of sustainability. Rachel Halpern joins JANA from Westpac Group, where she was executive manager for risk. She has had an established advisory career covering risk and commercial ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... (CVA) which will assess not only their potential exposures to climate risk, but wider vulnerabilities in the financial system and economy at large. "We are also in the midst of work with the large banks in Australia with our CVA where we are finalising ...

Macquarie Asset Management joins net zero initiative

RACHEL ALEMBAKIS  |  TUESDAY, 30 MAR 2021  |  NEWS
... response to climate change is critical to delivering on the aims of the Paris Agreement and protecting the global financial system from systemic physical and transitional risks," said Emma Herd, chief executive officer, Investor Group on Climate Change ...

Opinion: Sustainable finance: the new normal in 2021

SIMON O'CONNOR, JACKI JOHNSON  |  THURSDAY, 4 FEB 2021  |  NEWS
... finance sector over the year are worth a look under the hood, as they will deliver a new normal for Australia's financial system in 2021 and beyond. We are in the midst of significant social, economic and climate related upheaval. This is resulting in ...

Australia to join climate resilience investment initiative

RACHEL ALEMBAKIS  |  MONDAY, 25 JAN 2021  |  NEWS
... will become part of an international cohort working to address common climate resilience challenges across the financial system," Herd said. "With the return of the US to the Paris Agreement under President Biden and the UK-hosted COP26 climate change ...

SGX hires head of sustainability

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021  |  NEWS
... Asia's most international, multi-asset exchange: to ambitiously co-create and steer the local, regional and global financial system to support sustainable development," Cho said. "We don't have any time to waste to ensure our planet is liveable ...