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Showing 461 - 470 of 785 results for "Climate Change"

RBA issues stern climate change warning

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
The Reserve Bank of Australia says the economy faces an "abrupt" blow to financial stability from climate change. In a speech, RBA's deputy governor Guy Debelle said climate change will likely have a permanent effect on the Australian economic landscape. ...

Institutional investors call out climate policy

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
... Government's proposed $3.5 billion Climate Solutions Package as "more of the same", failing to properly address climate change risks. The Investor Group on Climate Change (IGCC) said the package will not address "the risks to the Australian economy that ...

HESTA veteran retires, new role created

KARREN VERGARA  |  THURSDAY, 14 FEB 2019
... advisory board and the BT Governance Advisory Service. He was on the management committee of the Investor Group on Climate Change (IGCC) for more than a decade, and currently chairs ESG Research Australia. His experience outside of HESTA includes working ...

Super fund offloads harmful holdings

JAMIE WILLIAMSON  |  TUESDAY, 27 NOV 2018
... particular product cannot be reduced. With thermal coal and tar sands standing as two of the biggest contributors to climate change, Vision Super chief executive Stephen Rowe said the fund doesn't believe the risk of continuing to use them can be mitigated. ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... was chair of the Finance Staff Group at the Catholic Education Office based in Melbourne. Pegan was known for his climate change activism. He was named chair of the Investor Group on Climate Change (IGCC) in 2009 and enlisted Catholic Super as a signatory ...

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 ...

Nikko AM supports climate change agenda

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
The $310 billion asset manager is supporting global investor efforts to address climate change through The Investor Agenda. Nikko Asset Management (Nikko) said it was supporting efforts towards commitment to the four areas of impact under The Investor ...

Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... updated the claim to allege Rest has failed to act in his best interests by not properly considering the risks climate change poses to its investments. "I thought my superannuation fund may not be doing enough on climate change. When I asked them for ...

Improve climate risk disclosure: ASIC

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... regulator would monitor market practice of climate risk disclosure as it continued to develop both here and overseas. "Climate change is a foreseeable risk facing many listed companies in the Australian market in a range of different industries," Price ...

Industry fund cuts property portfolio emissions

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... members' retirement." A global study by the Asset Owners Disclosure Project found more than 60% have little or no climate change strategy. This includes a number of Australian superannuation funds. The report shows 63% of the world's largest pension ...