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Showing 1 - 10 of 239 results for "financial risk"

Government delivers more 'teeth' to modern slavery act

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026  |  NEWS
Large corporates with annual consolidated revenue of over $100 million will face a criminal offence where they fail to prevent modern slavery in their supply chains, the government said. Companies would be able to defend themselves if they can demonstrate ...

ECB introduces climate risk overlay for bank collateral framework

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026  |  NEWS
The European Central Bank (ECB) has introduced climate related risk adjustments into its collateral framework. This marks the first time climate transition uncertainty will influence how much banks can borrow against corporate bonds pledged in monetary ...

Northcape adopts tier-based ESG investment framework for Warakirri funds

RIDDHIMA TALWANI  |  MONDAY, 6 JUL 2026  |  NEWS
... tier three would not be approved for investment. "The tier classification reflects an assessment of ESG-related financial risk and is not a judgement on the overall sustainability or ethical standing of a company," Warakirri said. "Only tier one and ...

The hidden risks behind critical mineral extractions for investors

MATTHEW WAI  |  THURSDAY, 18 JUN 2026  |  NEWS
As the energy transition accelerates, demand for critical minerals is soaring. However, mining activities can pose "significant" sustainability and financial risks for investors, a new report said. Published by the Asian Investor Group on Climate Change ...

Shareholders question Macquarie's climate change commitment

RIDDHIMA TALWANI  |  THURSDAY, 21 MAY 2026  |  NEWS
Macquarie Group shareholders are questioning if the investment giant is still committed to aligning its finances with the goal of net zero by 2050 and if so, how it plans to assess its fossil fuel financing activity for compliance. Shareholders have ...

Financial services 'structurally behind' on calculating climate-related risks

MATTHEW WAI  |  THURSDAY, 7 MAY 2026  |  NEWS
Although financial services firms have formed "solid" governance structures to acknowledge climate-related risks, the action taken on them tells a very different story, a new analysis shows. Sustainability consultancy ERM has analysed 33 disclosures ...

APRA's climate-related stress tests pose as financial risk

KARREN VERGARA  |  FRIDAY, 27 MAR 2026  |  NEWS
A stress test conducted by APRA reveals climate-related risks can aggravate Australia's insurance protection gap for households and ultimately heighten financial risks. In the Insurance Climate Vulnerability Assessment report, APRA warns how increased ...

Australian Sustainable Finance Institute names new chair

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2026  |  NEWS
... McDonnell, chief financial officer of IAG. Before joining IAG, he was a founding member of the Bank of England's Climate Financial Risk Forum, chair of Royal & Sun Alliance's ESG Committee, member of the University of Cambridge ClimateWise Council, and ...

Star Entertainment judgement gives key lessons for directors

ELIZA BAVIN  |  MONDAY, 9 MAR 2026  |  NEWS
... sharpened regulatory focus on board-level accountability. The clear message for boards is that active oversight of non-financial risk must be a focus, and especially so in high-risk, highly regulated sectors."

Insurers grapple with managing physical risks: Report

KARREN VERGARA  |  MONDAY, 9 MAR 2026  |  NEWS
... vulnerable regions, while 88% are expressed moderate-to-very high concern about physical risk creating systemic financial risk. In Australia, APRA's CPG 229 Climate Change Financial Risks provides a prudential framework for managing climate change financial ...
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