Search Results

Showing 81 - 90 of 214 results for "events"

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... risk self-assessment survey which found that almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations." 64 medium to large institutions responded to the survey ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... insurers have in place systems for assessing likelihood and cost of the increased frequency and severity of extreme weather events and general insurance, while premiums on policies typically reprice annually, which provides the sector with space. "Insurers ...

ACCU demand to rise with Climate Active certification: CBA

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... and food and beverage each on 33. Whilst there are differing standards for businesses, buildings, goods and services and events and precincts, the certification is based on a common set of five steps - measure emissions for a base year, reduce emissions ...

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

State of the Environment report a wake up call for business, investors

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... Environment report shows the past five years have seen alarming rises in threatened species, land clearing, extreme weather events, and destruction of Indigenous heritage. These declines are damaging to human health and wellbeing. Among the findings ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... "From a returns perspective however, excluding the sector creates real challenges for investors," Parker said. "Recent events have shown that carbon-based fuels play an important role in the world economy, either through increased demand or supply side ...

Australia vulnerable but resilient on climate risk: FM Global

RACHEL ALEMBAKIS  |  THURSDAY, 23 JUN 2022  |  NEWS
... lot of information around climate risk exposures, like exposure to flooding, rainfall, windstorm, natural catastrophic events, and that forms the basis for the climate risk exposure," said Greg Duncan, Australia operations vice president, client service ...

Leaders on road to ESG maturity by 2030: KPMG

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
... the time." However, companies do believe they will be better at adapting to and managing the risks that extreme weather events pose to their business operations, infrastructure and people - 38% of respondents believe that in 2030 physical climate risk ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... fund is considering whether companies are suitably managing risks to enable long-term value creation this AGM season. "The events at AGL represent a watershed in active ownership in this country. Shareholders are pushing for greater action on climate ...

US SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... affected or are likely to affect the registrant's strategy, business model, and outlook and the impact of climate-related events transition activities impact on financial statements, assumptions and estimates.