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Showing 101 - 110 of 158 results for "Climate risk"

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... profile events, like recent wildfires in Australia and California, are adding pressure on companies to take action on climate risk at a time when they also face greater geopolitical and cyber risk challenges." The majority of younger respondents believed ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... on fossil fuel investments of any kind. Instead, it claims to engage with investee companies in order to improve climate risk management," Market Forces said. "However, UniSuper has failed to vote in favour of a single climate change-related shareholder ...

UK pension fund expands offering, climate risk policy

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
A $16 billion UK pension fund modelled on the Australian superannuation system has received authorisation from the Financial Conduct Authority to operate as an Occupational Pension Scheme. It is also intensifying efforts to tackle the risks posed by ...

Rest climate risk case goes to trial

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh. The case, related to climate change risks, will have its day in court with a three-day trial scheduled for the week commencing 20 July 2020. The ...

Fossil fuel exposures climb at UniSuper

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... fund is more exposed to companies involved in fossil fuels than it was a year ago, according to its second annual climate risk disclosures released yesterday. At June end, UniSuper had 12% of its exposures in companies involved in coal, gas and oil. ...

Insto investors confused by environmental equities

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
... and was in Australia to speak with wholesale investors about BNP Paribas' environmental equity strategy, managing climate risk and environmental markets.

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... manage down exposure to other fossil fuels such as oil and gas, this is far from a responsible approach to minimise climate risk." Market Forces has also identified $1.83 billion in loans from NAB to the fossil fuel sector in the year to June 2019. The ...

More climate risk action needed: SSGA

KRISTI CHENG  |  TUESDAY, 10 SEP 2019
... findings, the $4.2 trillion global asset manager has identified still-inadequate action on the part of companies in climate risk and reporting. It said while progress is being made on managing the risk, it is not happening at the pace commensurate with ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows. The Institute for Energy Economics and Financial Analysis (IEEFA) delivered a scathing report on the US$6.5 ...

New climate risk government bond index launches

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
A new climate risk government bond index has launched, allowing investors to incorporate climate change risk considerations into portfolios for the first time. Global index provider FTSE Russell launched the FTSE Climate Risk-Adjusted World Government ...