Investing for a Safe Climate
Bibliographic Data
| ID | 6173938 |
|---|---|
| Authors | Anita Foerster (0000-0002-5537-4865, Monash University), Kym Sheehan (The University of Sydney), Dionne Parris (0000-0003-1496-7143), Daniel Parris (Monash University) |
| Year | 2021 |
| Volume | 44 |
| Issue | 4 |
| Publication date | 2021-11-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | University of New South Wales Law Journal (JOURNAL) |
| Journal identifiers | ISSN: 0313-0096 • E-ISSN: 1839-2881 |
| Publisher | University of New South Wales Law Journal (PUBLISHER • AU) |
| DOI | 10.53637/rqqr9950 |
| OpenAlex | W3182062542 |
| Language | EN |
| Citations received | 1 |
Climate change is now widely recognised as a source of financial risk for institutional investors like superannuation funds, which may manifest as reduced asset values and investment returns. Investors are also facing increasing pressure to play a constructive role in society’s response to climate change by aligning portfolios to the 2015 Paris Agreement on Climate Change. This article presents an empirical study of current and emerging climate-related investment practices in Australia, underpinned by an analysis of the legal, regulatory and theoretical frameworks in which investment decision-making takes place. While the study confirms that approaches to climate risk assessment and management are rapidly evolving, it also suggests that integrating climate considerations into investment decision-making and adopting responsible investment practices to manage climate-related risks is not encouraged by existing legal frameworks and dominant, mainstream approaches to investment. There remain considerable legal and practical barriers to aligning investment decision-making with the Paris Agreement
Asset (computer security · Business · Climate change · Climate Finance · Climate risk · Constructive · Corporate governance · Institutional investor · Investment (military · Investment strategy · Mainstream · Market liquidity · Political science · Politics · Process (computing · Community Development and Social Impact · Sustainable Finance and Green Bonds · Finance
| Citations per year | 0.33 |
|---|---|
| Citation span | 2023 - 2023 (1) |
| Highly cited | No |