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Showing 821 - 830 of 1601 results for "Climate Change"

FTSE Russell hires Jo Saleeba to head sustainable investment

RACHEL ALEMBAKIS  |  TUESDAY, 11 MAY 2021  |  NEWS
... direction of the fund's responsible investment program. Saleeba was also the first CEO of the Investor Group on Climate Change (IGCC), establishing the organisation and growing its membership to over 25 investors with more than $500 billion in assets ...

APAC investors ahead of North America on climate action: PGIM

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... Institutional investors in Asia Pacific are more likely than their counterparts in North America to take action on climate change, but investors in Europe are still leading the pack, according to PGIM. PGIM recently surveyed 101 institutional investor ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... summit. "The purpose here is multi-fold," he says. "It's to strengthen the financial sectors' understanding of climate change risk, it's to standardise the sorts of approaches that we use to establish global scenarios, but also to improve the ADI's data ...

Trustees squeezed by competing climate risk pressures

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... MTAA Super, reeled off a list of developments, including APRA's draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229) and legislation to reform proxy voting raised by Treasurer Josh Frydenberg earlier this week. "When ...

AMP Capital Wholesale Office Fund hits net zero target

RACHEL ALEMBAKIS  |  TUESDAY, 4 MAY 2021  |  NEWS
... price that is less than what we've paid for traditional electricity and that supporting renewables and combatting climate change is not only the right thing to do for the environment but also cost effective for our investors." Diamond Energy is "proud ...

AICD presses case for stakeholder role in governance

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... suppliers, Aboriginal and Torres Strait Islander people, as well as activists and community groups on matters such as climate change, human rights and workforce culture. The guide notes that management should lead day-to-day stakeholder engagement, but ...

Steep rise in demand for ESG wealth management products: EY

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... and is growing fastest among the industry's wealthiest clients, the EY report notes. In the last 12 months, "climate change has not only climbed the agenda of 24% of the mass affluent population but also among 46% of ultra-high net worth clients." ...

New CEO search underway for IGCC

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
The chief executive officer of the Investor Group on Climate Change (IGCC) will step down after six years in the role to join a leading professional services firm. Emma Herd joined IGCC in 2015 following fifteen years in sustainable finance in the banking ...

Calculating value of biodiversity: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... ecosystems' current health. The indicator can help understand which environmental pressures, such as land use, climate change, nitrogen deposit and others are most contributing to the negative impact of a given company or of a given portfolio. Even if ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide ...