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Showing 111 - 120 of 160 results for "Climate risk"

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 ...

Fintechs to play vital ESG role: AXA

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... on the east coast of the US, which companies have exposures there? Then we have to understand, did they take that climate risk into account with their physical assets? All of these are fintech solutions; we're just at the beginning of how to track modelling ...

Super fund proxy voting behaviour revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
... for climate-related proposals is somewhat surprising. He said: "Most of these proposals relate to the disclosure of climate risk and setting targets for reducing emissions. Funds are running out of valid excuses for not supporting proposals of this nature ...

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
Senior executives of the big banks, superannuation funds, insurance companies and industry bodies have come together for the Australian Sustainable Finance Initiative. The initiative is an unprecedented collaboration with the aim of shaping an Australian ...

FTSE Russell expands ESG research

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... follows FTSE Russell launching green real estate indexes this week. The indexes will allow investors to integrate climate risk into listed real estate portfolios. The FTSE EPRA Nareit Green Indexes will use sustainability performance as tilts, adjusting ...

Macquarie boss joins climate change commission

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Macquarie's chief executive designate Shemara Wikramanayake has been named a commissioner for a global climate change initiative, alongside Bill Gates and Ban Ki-Moon. The Global Commission on Adaptation was launched at The Hague yesterday with ...

Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
Industry superannuation fund Rest is facing renewed scrutiny over its responsible investment practices after one of its members filed an updated Federal Court claim alleging the fund has failed to act in his best interests. In July, Rest member Mark ...

ASIC extends relief to foreign financial services firms

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... improvements in the disclosure practices of listed companies. In ASIC Report 593, the corporate regulator found limited climate risk disclosure outside of the top 200 listed companies in Australia. ASIC's report followed a review examining the climate ...

Improve climate risk disclosure: ASIC

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... disclosure practices among Australia's listed companies. In ASIC Report 593, the corporate regulator found limited climate risk disclosure outside of the top-200 listed companies in Australia. ASIC's report followed a review examining the climate risk ...