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Showing 81 - 90 of 204 results for "financial risk"

Leadership essential in implementing ESG: BNP Paribas Securities Services

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
Editorial note: This is the third in a three-part series of articles brought to you by BNP Paribas Securities Services The role of executive leadership is essential when it comes to implementing ESG strategy, whether being driven by regulation, risk ...

APRA releases guidance on climate change risk

RACHEL ALEMBAKIS  |  THURSDAY, 2 DEC 2021  |  NEWS
The Australian Prudential Regulation Authority (APRA) has released its final prudential practice guide on climate change financial risks. Noting that climate risks extend to all sectors of the economy, APRA noted in Prudential Practice Guide CPG 229 ...

Top 100 asset owners "hold keys" to net zero: Willis Towers Watson

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... owners will commit to this net zero target." Unger noted that it is increasingly accepted that climate risk is financial risk. At COP26, APRA and RBA issued a joint statement as members of the Network for Greening the Financial System (NGFS), a group ...

Biodiversity loss a material financial risk: ACSI

RACHEL ALEMBAKIS  |  TUESDAY, 23 NOV 2021  |  NEWS
Biodiversity loss is a material financial risk for Australian companies that could wipe out up to $27 billion from the Australian economy annually by 2050, according to a report by the Australian Council of Superannuation Investors (ACSI). ACSI has ...

Investors, business criticise WA cultural heritage bill

RACHEL ALEMBAKIS  |  THURSDAY, 18 NOV 2021  |  NEWS
A coalition of investors and business groups have raised concerns that proposed legislation in Western Australia is insufficient to prevent future tragedies such as the destruction of Juukan Gorge from happening. The WA Aboriginal Cultural Heritage ...

RBA, APRA outline COP26 commitments

RACHEL ALEMBAKIS  |  FRIDAY, 5 NOV 2021  |  NEWS
The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) reiterated their stance that climate change will impact economic output, drive changes in the value of assets and income streams and therefore poses systemic ...

Board of the future to face more ESG issues: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
... board, you need to really understand strategy, you need to understand the business, you need to understand non-financial risk and what it means for the organisation." Vamos also stressed that boards need oversight of culture, be able to interrogate cultural ...

Wayfinding for deeper engagement in ethical investment

RACHEL ALEMBAKIS  |  THURSDAY, 28 OCT 2021  |  NEWS
... transformation needed for a sustainable future," he said. "We are aiming higher-to reduce environmental, social, and financial risk, and increase financial return by creating more positive environmental and social impact."

Rest outlines net zero scenario, impacts

RACHEL ALEMBAKIS  |  THURSDAY, 21 OCT 2021  |  NEWS
Industry fund Rest estimates that its average fund member could be approximately $50,000 better off at retirement if the world acts on climate change. Rest has released the scenario analysis and stress testing of its investment portfolio and outlined ...

Wayfinding for Ethical Investment

RODGER SPILLER  |  TUESDAY, 12 OCT 2021  |  NEWS
... the transformation needed for a sustainable future. Together, we aim higher-to reduce environmental, social, and financial risk, and increase financial return by creating more positive impact.