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Showing 1 - 10 of 69 results for "transition risk"

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... emissions reduction plans. It found current transition plans are insufficient for investors to accurately gauge transition risk. Climate transition risk is a significant material financial risk for high-emitting companies on the Climate Action 100+ focus ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... a solution to many other challenges that we face." Instead of worrying about the housing crisis or the energy transition risk, the panelists all stated they have a more pressing challenge: how can super funds handle the wave of payments as millions of ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... investors and regulators must take into 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 ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... requirement on physical risk is a minimum requirement. Going forward you will need more detail. When it comes to transition risk, it's important to understand that a transition plan is not a net zero plan. How are you going to take what you do now ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... Jones noted that APRA has conducted a climate vulnerability assessment into the possible impactse of psyical and transition risk on major Australian banks and said the preliminary analysis showed that banks would experience losses, but "nott of a magnitude ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... approximately $1000 in Exchange-traded Australian Government Bonds. This systemic risk includes the physical and transition risk of climate change and its impact on the value of government bonds. The case was settled on August 7 and a court hearing on ...

How to build a climate-resilient business: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
Editorial note: This is the second in a six-part series of articles brought to you by Energetics Investing in climate mitigation is still a key priority, but investing in adaptation and resilience to the physical damages and disruption of climate change ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... Swiss Re. The industry now needs to consider risks posed by extreme weather, but beyond that, needs to consider transition risk as a major insurance cost. For this reason, Musulin urged the industry to take a holistic view of climate risk. "There is ...

Corporates to begin adopting final TNFD recommendations

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  TUESDAY, 19 SEP 2023  |  NEWS
Following two years of development and consultation, the Taskforce on Nature-related Financial Disclosures (TNFD) today published its final recommendations on nature-related risk and disclosure, with companies expected to begin adopting the recommendations ...
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