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Investors push Australia's largest ASX shares to disclose climate risks

Image source: Getty Images Investors are pushing Australia’s largest ASX-listed shares to disclose climate risks as investment firms are warned of reduced capital. The push follows what has been described as a ‘coming of age’ for environmental, social, and governance (ESG) investing. Heating up for ASX shares Australia’s largest ASX shares may soon be forced to disclose climate risks by the Investor Group on Climate Change (IGCC), Principles for Responsible Investment, and Carbon Disclo...
Merwin Jackson Commonwealth Bank Investor Group On Climate Change Westpac Banking Corp Task Force On Financial Disclosures Investor Group

Energy investors caught in policy crosshairs

Energy investors caught in policy crosshairs May 22, 2021 – 12.00am Share Investors in the energy sector are scratching their heads trying to make sense of conflicting messaging this week from government, agencies and business on the transition to low-carbon fuel sources. Government intervention and a lack of coherent policy settings top the list of concerns. In a week when up to $3 billion of taxpayer funds were earmarked for extending the lives of ageing oil refineries and a new gas-fired p...
New Zealand New South Wales Matt Halliday Ampol Lytton Saul Kavonic Dylan Mcconnell
Source: afr.com

Australia to fund low-emissions research as world sets ambitious climate targets

Australia to fund low-emissions research as world sets ambitious climate targets We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Australia will help fund groundbreaking research in low-emissions technology as the Morrison government confronts increasingly ambitious climate commitments from major trading partners ahead of a global climate summit. Prime Minister Scott Morrison will announce a $566 million investment in research ...
Glasgow City United Kingdom Tim Baxter Merwin Jackson Boris Johnson Climate Council

New Zealand to force banks and insurers to disclose climate risks in world-first

13 April 2021 The New Zealand government will introduce a mandatory requirement for the financial sector to disclose information about the threats that climate change poses to their business and prepare strategies for managing climate related risks and opportunities. New Zealand Commerce and Consumer Affairs Minister David Clark said the country would become the first in the world to introduce such a requirement on the financial sector to assess, report and explain how they will manage the risk...
New Zealand New South Wales New Zealanders James Shaw Merwin Jackson David Clark

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