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Four in five companies prefer penalties to sustainability, study finds

ROSE MARY PETRASS  |  MONDAY, 3 APR 2023  |  NEWS
... do recognise environmental strategy as a major concern - 95% of leaders surveyed placed sustainability as either a top or high priority. The report forms part of Software AG's sustainability initiative, and focuses on the intersection of sustainability ...

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) is doubling its investment in the Artesian Green and Sustainable Bond fund. CEFC has increased its allocation from $25 million to $50 million. As part of the investment, Artesian is developing a new investor ...

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... traditional fundamental analysis and identifying businesses that have prudent capital management, durable free-earnings cashflow, high return on equity and using that alongside metrics such as carbon intensity, carbon footprint, along with forward looking ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... corporate level. The report noted that Asia consumed 80% of coal usage globally, 38% of oil and 23% of natural gas, saying "this high fossil-fuel dependence inevitability implies a rising share of responsibility for global efforts to decarbonise. "As ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
Natural disasters resulted in global economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. The report from Swiss reinsurance company Swiss Re revealed that record-breaking damage ...

The four-day work week - will it work?

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
... able to do that on scale. I think the main thing for companies to focus on is to provide options." Flexibility valued over high salaries Ditzell said that despite improvements in productivity and engagement, anecdotally the 100:80:100 model is unlikely ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... "We believe the consortium will be responsible owners of Origin's businesses. Our discussions with the consortium confirm a high degree of alignment with Origin's strategy and a desire to accelerate initiatives consistent with Origin's critical role ...

Time is running out: latest IPCC report says 1.5°C is "likely"

ROSE MARY PETRASS  |  TUESDAY, 28 MAR 2023  |  NEWS
The Australia Pacific region is particularly vulnerable to climate change impacts, with the Intergovernmental Panel on Climate Change (IPCC) giving a stark warning that the world must act now to limit the worst effects. The IPCC has released its AR6 ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... we can't completely cut out, and we'll consider offsets as a last resort," Courville said. "Where we do we would look to high quality offsets with co-benefits."

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
Nearly half of the world's largest institutional investors have made commitments to net zero by 2050, and are now turning to the tougher task of implementing on those commitments, according to Robeco. Robeco has released its annual Climate Survey, a ...