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Showing 771 - 780 of 2625 results for "risk"

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... systematically important, and higher interest rate volatility. He further identified three "outside" risks - geopolitics, operational risk such as AI, cyber-risk and the use of cloud based technology and other services that banks and financial institutions ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are invested ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

ESG factors increasingly drive financial decisions

ROSE MARY PETRASS  |  MONDAY, 30 OCT 2023  |  NEWS
... The primary factors now impacting investment decisions include ESG considerations such as materiality to reduce security risk (26%), ability to drive positive returns (19%), governance concerns (19%), climate risk (15%), and social risk (15%). 2023 saw ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
The Principles for Responsible Investment (PRI) is set to revamp its reporting mechanisms for signatories as part of new framework to help investors better define their responsible investment progression. PRI has launched the co-design process for the ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Nations groups need capital and capability development within the labour market to break down barriers to investment and de-risk. Capital needs to be harnessed towards Indigenous businesses, and they need to be thought of in commercial terms rather than ...

Investors prepare for urgent action on nature

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... matters right now," she said. "Drive meaning on the ground, keep things localised and ensure that connection remains." Systems risk and financial risk According to UN Secretary-General António Guterres, "Ecosystem collapse could cost almost $3 trillion ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... wider remit for companies to take on as well. "Climate reporting is mot just reporting the emissions - the emphasis is on risk disclosure," Kendall said. "I appreciate people are going to be focusing on the emissions reporting of Scope 1 2 and 3 emissions ...

ASX50 lags on disclosure of political spending: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... companies have long realised that accelerated widespread decarbonisation has the highest net return when it comes to climate risk and opportunities, and commitments along those lines are common," said IGCC managing director, policy Erwin Jackson. "However ...

NSW Anti-slavery commissioner raises alarm on ASX risk

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
ASX-listed companies have a higher level of forced labour risk in their operations than other developed countries, according to the NSW independent anti-slavery commissioner. Speaking at the Australian Council of Superannuation Investors (ACSI) Phil ...