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Climate disclosure 'stagnated' in anticipation of reporting rules, Australian regulator finds

Australian financial institutions' disclosure of climate-related risks has "stagnated" compared to previous years, a trend which the regulator suggests was due to organisations waiting for more clarity on greenwashing and disclosure rules.

Australia's prudential regulator to 'raise expectations' on climate risk management

Australian regulator asks financial institutions for nature risk information

Australian insurers to be put to climate test

Australian regulator survey finds climate risk gaps

Australian regulator strengthens final climate financial risk guidance

APRA has published its final guidance for financial firms for managing financial risks of climate change, including tightened recommendations around kick-starting climate scenario analysis and encouraging the adoption of climate-related targets.

Australia climate stress tests its five largest banks

The Australian Prudential Regulation Authority (APRA) has published details of an assessment of the country's five largest banks of their vulnerability to physical and transition climate risks.

Australian regulator to advise insurers on climate change response

Australia's insurance regulator is preparing a guide on the best practices for insurers in understanding and preparing for climate change, which it hopes will also help address a "data deficit" on the topic.

Australia's insurers to face climate stress tests in 2020

Australia's insurers are to undergo stress tests next year linked to the possible effects of climate change on assets they hold, reports say.

Insurance supervisors support climate risk disclosure guidance

Insurance supervisors and regulators in 16 jurisdictions have welcomed guidance on climate change risk disclosure developed by the Task Force on Climate-related Financial Disclosures (TCFD).