Browsing tag

climate risk

90% Global Public Investors Have ESG Investment Policies, New Survey Finds

3 Mins Read Over 90% of global public investors now have specific environmental, social and governance (ESG) investment policies in place or are in the process of implementing them, reveals a new survey from independent think tank OMFIF and American financial services firm BNY Mellon. The research also found that investors have been especially motivated to adopt ESG […]

BNP Paribas Launches Australia’s First Climate-Linked Bond

2 Mins Read BNP Paribas has announced the successful issuance of equity-linked green bonds totalling A$140 million (US$99.6 million) marking the first to be linked to the Australian Climate Transition (ACT) Index. The ACT Index is based on several climate scenarios and will continually be adjusted to reflect the future technological, social, regulatory and environmental changes.  The series […]

Google Parent Alphabet Issues US$5.75B In Sustainability Bonds

2 Mins Read Google’s parent company Alphabet Inc. has just issued US$5.75 billion in sustainability bonds, in what it claims is the biggest green bond issued by any firm to date. The proceeds will support investments in both environmental and social initiatives and will not be allocated to any of Google’s activities.  As a part of a US$10 […]

Law Student Sues Australian Government For Misleading Investors Over Climate Risk

3 Mins Read A 23-year-old law student in Melbourne, Australia has filed a lawsuit against the Australian government over failure to disclose the financial risks of climate change to a number of safe investments, including government bonds. Katta O’Donnell says she hopes that the case, which is a world’s-first, will change the way the government recognises and responds […]

Climate Crisis Dominates Top 5 Risks In World Economic Forum Report

3 Mins Read For the first time, the climate crisis is at the top of the World Economic Forum’s annual risk report ahead of the Davos conference. All five spaces in the list of issues likely to pose a major impact over the next decade have been filled by environmental issues, as the world wakes up to extreme […]

McKinsey Partners Pen Op-Ed To CEOs: Get Ready For Climate Change!

2 Mins Read Two senior McKinsey employees have penned a commentary published on Fortune addressing CEOs from around the world and warning them about the risk of climate change to their business. Dickon Pinner and Kevin Sneader’s message to companies is loud and clear – businesses can no longer treat climate change as a far-off threat, and must […]