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Showing 1 - 10 of 12 results for "Geoff Summerhayes"

Boards face limitations in managing climate risks

ANGELIQUE MINAS  |  MONDAY, 20 OCT 2025  |  NEWS
... these challenges," and encouragement around having more frank conversations. Pollination Group senior adviser Geoff Summerhayes said current disclosure practises require a lot of consideration for a range of audiences. He said more companies are considering ...

Climate transition a business opportunity: Geoff Summerhayes

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
... decisions are shifting from risk to capturing new opportunities, according to former APRA executive board member Geoff Summerhayes. Climate change is moving from an issue of a "hygiene factor" to a question of strategic advantage and value creation ...

Regulator appoints first head of climate risk

RACHEL ALEMBAKIS  |  THURSDAY, 15 OCT 2020  |  NEWS
... funds. APRA's focus on the financial risks of climate change has steadily increased in recent years. In 2017, Geoff Summerhayes, APRA executive board member, made a landmark speech in which he emphasised "[s]ome climate risks are distinctly 'financial' ...

APRA creating and recruiting to fill role of head of climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... online. APRA's focus on the financial risks of climate change has steadily increased in recent years. In 2017, Geoff Summerhayes, APRA executive board member, made a landmark speech in which he emphasised "[s]ome climate risks are distinctly 'financial' ...

Australian Sustainable Finance Initiative sets ambitious investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
... Group on Sustainable Finance, the Australian initiative does not have explicit government backing. However, Geoff Summerhayes, executive board member of APRA, Executive Committee member of the International Association of Insurance Supervisors and chair ...

Reports analyse landscape for sustainability disclosures by corporate Australia

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2018  |  NEWS
... APRA, and like ASIC, including are those institutions climate-risk ready as well? We've heard many statements by Geoff Summerhayes, John Price, the ASCI commissioner, the Hutley paper, and of course you have the Parliament itself and the consultation ...

Government finds no legislative barriers to implementing TCFD

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
... explicit directions given by APRA to directors of its regulated entities, both in the two landmark speeches of Geoff Summerhayes and in its 2017 annual report." The PRI/Baker McKenzie report also recommends that the ASX develop guidance for implementing ...

APRA encourages entities to perform stress-test for climate-related risks

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2017  |  NEWS
... reputational factors, is increasingly driving that shift, rather than scientists or policymakers," according to Geoff Summerhayes, executive board member of the Australian Prudential Regulation Authority (APRA). Revisiting and expanding on the themes ...

Directors, senior executives have obligation to consider climate change: Norton Rose Fulbright

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2017  |  NEWS
... comments made by ASIC come after similar statements by the Australian Prudential Regulation Authority last month. Geoff Summerhayes, executive board member of APRA, said that the prudential regulator will emphasise to regulated entities that they should ...

Experts discuss impact of Taskforce on Climate-related Financial Disclosures guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 7 APR 2017  |  NEWS
... Climate Disclosure Standards Board (CDSB) and Sustainable Business Australia (SBA) and hosted by KPMG. Last month, Geoff Summerhayes, executive board member of APRA, said that the prudential regulator will emphasise to regulated entities that they should ...
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