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Showing 111 - 120 of 158 results for "Climate risk"

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 ...

Industry super fund commits to green bonds

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
... and climate risks. For cities, county and state governments and corporations, the pledge requires they account for climate risk when designing future infrastructure and capital projects and consider green bonds as the means for finance. Jointly developed ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...