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Showing 1 - 10 of 44 results for "weather events"

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
... risks and costs affect investors, directly and indirectly, short term and over the long term, and recent extreme weather events illustrate the growing financial as well as human impact of environmental degradation." Australian Ethical will provide its ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  FRIDAY, 29 NOV 2024  |  NEWS
... The report said this modest growth may be partly due to increased funder awareness because of catastrophic major weather events and biodiversity collaborations across Australia. The next generation within family foundations have also played a role in ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
... $452m. UBS insurance and diversified financial analyst Scott Russell said the rising cost of cleaning up after major weather events is a common theme in the developed world. "In Australia, the provisions set aside by insurers for weather events (aka ...

Cannon-Brookes backs rural climate fund

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... communities are already being impacted socially, economically and environmentally by increasing temperatures and extreme weather events, Matthee added. These communities "have the knowledge and ideas" required to decarbonise, mitigate climate risks ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... household insurance sector. "Payouts have been rising in real terms for some time, and more frequent and severe weather events are expected to further increase claims on damaged property and other assets," Jones said. "Insurers have the ability to reset ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... and more intense bushfires, storm surges, coastal flooding, inland flooding, cyclones, droughts and other extreme weather events. "To my mind, it seems likely that such events will give rise to a huge drain on Commonwealth resources and on the tax base ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... and render insurance unaffordable. Insurance Council of Australia commented that climate risk is severe: "Extreme weather events in Australia are becoming more frequent and severe because of climate change, and this is contributing to a widening of the ...

Podcast: Investing in climate resilience - Michael Bones

THE GREENER WAY  |  FRIDAY, 8 SEP 2023  |  NEWS
... indirectly, saying in the report "direct impacts may include damage caused by more intense and frequent extreme weather events and reduced productivity due to altered climate conditions. Indirect impacts may include disruptions to supply chains that ...

Climate minister identifies climate adaptation as key priority

RACHEL ALEMBAKIS  |  TUESDAY, 22 AUG 2023  |  NEWS
... indirectly, saying in the report "direct impacts may include damage caused by more intense and frequent extreme weather events and reduced productivity due to altered climate conditions. Indirect impacts may include disruptions to supply chains that ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... of this important ocean system would dramatically restrict Europe's agricultural output and lead to more extreme weather events. Among 16 other tipping points that are on the brink of occurring, several more may have already started including: the collapse ...
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Editor's Choice

Santos receives takeover offer from Abu Dhabi-led consortium

ANDREW MCKEAN
Santos has received a non-binding $8.89 per share cash offer from the XRG Consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company (ANDOC), alongside Abu Dhabi's sovereign wealth fund ADQ and US private equity firm Carlyle.

What do the best-functioning boards look like?

KARREN VERGARA
The best-functioning boards are future thinkers, understand their ESG responsibilities and are able to show their "battle scars," according to two governance experts.

Funding lifts for climate, health, people startups

KARREN VERGARA
While funding for impact startups has broadly declined, those operating in climate, health and people has seen funding levels improve compared to three years ago, according to the Impact Startups Benchmark Report 2025.

Mind the gap: Investors' role in balancing fairness and competitiveness in executive pay

ALEXANDRE PROST
Investors have a significant role to play in helping to move the dial on executive remuneration, aiming to increase fairness and reduce inequality.

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