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Showing 31 - 40 of 408 results for "climate risk"

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... that we maintain market integrity to attract the capital required to make the transition to net zero and ensure that climate risk is adequately priced into the market," Longo said. "With demand for sustainable products growing, it's essential that entities ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... Climate impacts are posing more serious risks to investors and regulators in the lead-up to mandatory and voluntary climate risk disclosure regimes, including the Corporate Sustainability Reporting Directive (CSRD), the Task Force on Climate-Related ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... things get meatier." "The TNFD specifically is set up to ask us to think about nature-related risk as you would about climate risk under TCFD, but one of the ways that nature will be a challenge is that it is multi-faceted," Waterford said. "There are ...

NGFS introduces "too-little-too-late" climate scenario

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
... transition toward a sustainable economy. It has released updated long-term macro-financial scenarios for forward-looking climate risk assessments, based on the latest GDP and population pathways and the most recent country-level climate commitments. ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... neutral". The firm represented Kathleen O'Donnell in a case filed in 2020 against the Commonwealth alleging that climate risk was not properly disclosed when O'Donnell invested approximately $1000 in Exchange-traded Australian Government Bonds. ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... banking sector and how the banks might respond to anticipated physical and transition risks. The results suggest that climate risk impacts are likely to be concentrated in specific regions and industries. University of Technology Sydney Institute for ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

ESG factors increasingly drive financial decisions

ROSE MARY PETRASS  |  MONDAY, 30 OCT 2023  |  NEWS
... as materiality to reduce security risk (26%), ability to drive positive returns (19%), governance concerns (19%), climate risk (15%), and social risk (15%). 2023 saw an increase in ESG metric reporting with 66% of managers reporting ESG metrics for all ...

ASX50 lags on disclosure of political spending: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... companies have long realised that accelerated widespread decarbonisation has the highest net return when it comes to climate risk and opportunities, and commitments along those lines are common," said IGCC managing director, policy Erwin Jackson. "However ...

NSW Anti-slavery commissioner raises alarm on ASX risk

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... it as a governance risk," he said. "We need to see that modern slavery risk is, like the negative externality of climate risk, and like other forms of entrenched rent-taking, a product of poor governance at the system level. It's a system failure that ...