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Showing 51 - 60 of 239 results for "financial risk"

Nature now a fiduciary duty and financial risk

ROSE MARY PETRASS  |  MONDAY, 16 SEP 2024  |  NEWS
... Environment Protection Agency (EPA). "The penny is dropping in boardrooms everywhere: Nature represents a material financial risk to investments including those held in everyday Australians' retirement savings," Estelle Parker, Co-CEO of RIAA. RIAA ...

HESTA urges ASX300 to heed investor concerns

ROSE MARY PETRASS  |  THURSDAY, 12 SEP 2024  |  NEWS
In a letter sent to the top listed companies in its investment portfolio, the $87 billion super fund has set out its engagement priorities ahead of the upcoming AGM season. Key areas include climate change, nature loss, gender equality and fair working ...

New forecasting tool for climate risk

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
With climate reporting fast approaching, a novel approach merges science and finance to provide a clearer view of uncertain future environmental scenarios. Forecasting the impacts of climate change on operations, assets, and supply chains is a significant ...

Red alert for PFAS value chain

ROSE MARY PETRASS  |  FRIDAY, 16 AUG 2024  |  NEWS
A US$684 billion investor group urges caution as global bans on PFAS 'forever chemicals' escalate - yet opportunities await those ahead of the curve. A MUFJ-owned think tank from subsidiaries First Sentier and Mitsubishi UFJ Trust and Banking Corporation ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... increase in asset managers setting and disclosing targets highlights our industry's proactive stance on mitigating the financial risk associated with climate change. "This momentum must continue in the Asia-Pacific. We now need to see more granular and ...

Investors bow to political pressure: IGCC

ROSE MARY PETRASS  |  THURSDAY, 25 JUL 2024  |  NEWS
... misguided political pressure on investors to leave global initiatives that support them in addressing climate-related financial risk. "Over 97% of companies have a lead engager. Similarly, over 100 lead investors have elected to list their status as ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024  |  NEWS
TelstraSuper has handed over an undisclosed amount to Quinbrook Infrastructure Partners, to be invested in its Net Zero Power Fund. Quinbrook's Net Zero Power Fund, which is targeting US$2 billion, seeks investments that look to support decarbonisation ...

Investors exit climate group amid politicisation

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
... nature of collaborative investor engagements and ignores the business rationale for addressing climate-related financial risk. "Climate risk is material, it can manifest as financial risk, and institutional investors are well-served by acting on these ...

APRA acts on climate risk watch

ROSE MARY PETRASS  |  FRIDAY, 7 JUN 2024  |  NEWS
... voluntary survey of its regulated entities on the maturity of current practices against APRA's guidance on the financial risk of climate change. The information will inform a benchmark of progress on identifying, assessing and managing climate-related ...

Companies warned to disclose nature risks

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... about nature as a risk, rather than just a compliance matter. "Like climate, nature can be a source of material financial risk for an organisation and there's growing evidence of that being the case," Goldner said. "Our goal is to influence the ISSB ...