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Showing 1001 - 1010 of 2543 results for "Asset"

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... General Meeting on 13th September 2023. His confirmation will depend on a simple majority vote from PRI signatories, including asset owners. PRI chief executive officer David Atkin thanked Skancke for his leadership and commented: "Conor's proven ability ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... serious prospect of an "unpleasant, abrupt and wealth destroying" climate "Minsky moment" with a sudden market collapse in asset values brought on by reckless speculative activity of an unsustainable bullish period, as financial markets realise the gap ...

Using ChatGPT to assess climate targets: Acadian

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
Acadian Asset Management is utilizing the technology underpinning ChatGPT to predict whether companies are likely to achieve sustainability targets. The Acadian Net Zero Alignment Model integrates large learning models (LLM), the type of AI algorithm ...

Brookfield signs MoU for renewables

ROSE MARY PETRASS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
Brookfield Asset Management has signed a memorandum of understanding (MoU) with India's largest private sector enterprise Reliance Industries, a Fortune 500 company, to manufacture renewable energy and decarbonisation equipment in Australia. The ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... corporate affairs for Europe. Joining from J.P Morgan where he served for 24 years, Normand will lead AustralianSuper's asset allocation research, shaping investment strategies across all major asset classes. Shah, formerly of Tesco Pension Fund ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
A London-based think tank has found the world's largest asset managers may fail to meet their own 2050 net zero commitments, with support for climate-ambitious resolutions dropping considerably in 2022. InfluenceMap scored the world's 45 largest asset ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... Transition Risk in Sovereign Bond Markets was authored by global bond managers Ardea Investment Management alongside Fortlake Asset Management and the University of Technology Sydney. Researchers hope to give fixed income investors and policymakers a ...

Climate resilience needed to dodge $442b VIC loss by 2100

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
Rising sea levels and storm surges could cause $442 billion in economic loss in Victoria by 2100, caused by the impacts of sea level rise and storm surge. A recent study, led by the University of Melbourne, the Victorian Marine and Coastal Council and ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... they say, or, from a Woodside/Santos perspective, that was less about meeting this carbon target and ore about stranded asset risk." NGS Super has moved many of their equity mandates to low carbon mandates, Squires said. "There is a real focus on the ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows. Inflation, interest rates and recession fears are weakening flows into global sustainable funds overall- which attracted $US18 ...