Westpac today described how its loan portfolio would be affected by efforts to limit warming to 1.5 degrees, and Macquarie Group is planning a similar analysis.
Infrastructure fund IFM has secured commitments from the management of its major Australian infrastructure assets to develop science-based greenhouse gas emissions reduction targets.
Shareholder resolutions intended to improve climate risk disclosures by Woodside and Santos are invalid and won't be put to their annual general meetings, the two companies separately advised the ASX today.
Investors should pressure oil and gas companies such as Origin, Oil Search, Santos and Woodside to delink executive bonuses from production and reserve growth, says a new international report.
Insurer QBE has purchased new climate risk software and worked with Deloitte to assess climate risks and opportunities, but will still face a shareholder resolution at its May annual general meeting.