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Showing 51 - 60 of 407 results for "climate risk"

Norway's oil fund updates climate demands

ROSE MARY PETRASS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... told all companies to apply the demands and will apply the policy to its own voting decisions. The oil fund's new climate risk demands are anticipated to have a substantial impact on companies around the world. According to the Sovereign Wealth Fund ...

UNSW launches Institute for Climate Risk and Response

ROSE MARY PETRASS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... regulations and standards and measuring and evaluating their effectiveness with confidence. The UNSW Institute for Climate Risk & Response (ICRR) will focus on informing industry practice and policy, predicting human behaviour, and meeting regulatory ...

BlackRock, SGX, and MSCI launch US$426M Singapore climate action ETF

ROSE MARY PETRASS  |  TUESDAY, 19 SEP 2023  |  NEWS
... carbon intensity and climate-related commitments. Commitments include science-based target setting, green revenues, climate risk management, and other sustainability criteria. It is the largest equity ETF launched in Singapore, with assets under management ...

How to achieve low carbon intensity in your equity portfolio

ROSE MARY PETRASS  |  THURSDAY, 14 SEP 2023  |  NEWS
... said. Investors are now beginning to look beyond pure carbon emissions to other metrics, like temperature rise and climate risk. Sustainability professionals are now using measurements like Implied Temperature Rise (ITR) which compares the financed carbon ...

Prepare for TNFD: FSI release guide on nature risks

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023  |  NEWS
Ahead of the release of the final draft of the Taskforce on Nature-Related Financial Disclosures (TNFD) this month, investors are struggling to understand and assess nature-related investment risks and to bridge the gap between the framework and the ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... climate change risks and opportunities. "Investors are using increasingly sophisticated measures to assess sovereign climate risk in their investments. Over time this may affect capital costs for sovereign and other issuers in relevant markets. "Genuine ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Commonwealth of Australia will for the first time disclose climate risk in sovereign bonds following the settlement of a world-first class action lawsuit. The case was filed in 2020 by Kathleen O'Donnell, represented pro bono by Equity Generation ...

Investors in hot seat over impact of 50-degree day

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... degrees and analyse the impacts on investments and communities. The impact of a 50 degree day is the subject of a climate risk simulation exercise at the AIST Superannuation Investment Conference 2023. Sister publication Financial Standard is the media ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
The Reserve Bank of Australia has committed to a 2030 net zero target for all Scope 1 and Scope 2 emissions. Speaking at the Sir Leslie Melville Lecture in Canberra, incoming governor Michele Bullock announced the target and said the central bank is ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... 2022 alone. The European Commission has confirmed a new requirement for companies to use a new checklist to disclose climate risk, as well as whether they have climate transition plans that align with ESG concerns. Reports for 2024 data are due out in ...