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Showing 81 - 90 of 472 results for "Climate risk"

ESG skills in hot demand in risk, compliance hiring

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... appropriate resources are available to identify and respond to material ESG factors," and specified assessment of climate risk exposures as part of that. The APRA guidance also states that super funds can incorporate environmental and social impact-related ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... prominent as a theme that investors raise with their investee companies - investors understand the links between climate risk and nature risk and are keen to see companies planning for a transition to a nature-positive economy, alongside a net zero economy," ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... in the climate transition, and mandated that the Australian Prudential Regulation Authority (APRA) must consider climate risk in duties. 2024 is set to be a year of multiple significant regulatory changes across the globe. This is likely to see a ramp ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... Virginia have pulled state money out of the firm in an anti-ESG backlash. In his March 2023 letter, Fink identified climate risk and the energy transition as a risk to portfolios and made it clear that providing investors with information about investor ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... account how legal action alters or increases exposure to physical and transition risk, and results in additional climate risk exposures. They call for an overhaul in how legal risks are assessed and provides a framework for doing so. Organisations that ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... management will have to report on the financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the exposure draft of legislation that would make financial ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
In the face of projections that 2024 is set to surpass the 1.5°C Paris Agreement threshold, experts are concerned that investors are unprepared for the escalating risks associated with climate change. Investors navigate these risks by employing models ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
Current financial regulations and central banking activities have an outsized focus on climate, and neglect broader impacts such as biodiversity loss and its effects on communities who rely on nature for their livelihoods. While progress has been made ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... economic empowerment during the transition to a low climate global economy. #9 Treasury mandates APRA must consider climate risk in duties June: Treasury released an updated statement of expectations for the Australian Prudential Regulation Authority ...

Agriculture funding takes the stage at COP28

RACHEL ALEMBAKIS  |  MONDAY, 11 DEC 2023  |  NEWS
... climate impacts and financed climate emissions in agricultural and land assets is a key challenge for Australia. Climate risk reporting platform Wollemi notes that the Australian banking sector is highly exposed to agriculture, lending $92 billion to ...