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Showing 841 - 850 of 2522 results for "climate"

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

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... risk landscape for finance, as global commitments consolidate and national regulatory settings tighten," EY Australia climate change and sustainability partner Emma Herd said. "There are also significant opportunities for banks which act now to establish ...

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
... 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 an increase in ESG metric reporting with 66% of managers reporting ESG metrics ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant, have sent a letter to Boral's board after the company announced that ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... model looks at "specific sustainability issues that investors are prioritising in their practices. Example areas include climate change, human rights, or biodiversity. During the co-design process with signatories, one of these two models (or a combination ...

Investors prepare for urgent action on nature

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... we need it to happen fast," Julia Leske, managing director and head of APAC institutional sales at ISS ESG commented. "Climate was the first cab off the rank, biodiversity and nature are following really fast and closely along." Regulations, taxonomies ...

Renewables set to dominate by 2040

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... global renewable energy by 2030, and that's exactly what Australia should be doing too," Merzian said. "The high-profile UN climate talks are coming in just over a month, and the prime minister has a chance to set his legacy and set Australia on a new ...

Investors lack clarity, rural solutions lack funding

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Mike Cannon-Brookes will seek to pair socially responsible entities with rural communities that are on the frontlines of climate change. Developed by the Foundation for Rural and Regional Renewal (FRRR), the grant program is funded by Cannon-Brookes' ...

Farm to table reporting to increase ag investment certainty

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
... in the past 20 years in real terms, but with agriculture contributing 10-35% of global emissions, its vulnerability to climate impacts as well as dependence on the sector means uniquely positioned to lead the charge on net zero. Andrew Tout head of agricultural ...

Investors call for multilateral financial architecture overhaul

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
... supported by World Wide Fund for Nature and Global Optimism. In 2023, 69 members with US$8.4 trillion in AUM set intermediate climate targets in line with the Alliance's Target-Setting Protocol, up from 44 members with $7.1 trillion in AUM the previous ...