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Showing 1071 - 1080 of 2543 results for "Asset"

The implications of Australia's new carbon emissions target for bond investors

DAVID MCNEILL  |  WEDNESDAY, 5 APR 2023  |  NEWS
In September, legally binding emissions reduction targets for 2030 and 2050 were set by Australia's House of Representatives as part of a Climate Change Bill. This provides overarching legislation to implement Australia's net-zero commitments and codifies ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... reforestation projects and potential carbon capture utilization and storage (CCUS) as examples of removals-based offsets. Karoon's asset Baúna, in the Santos Basin in Brazil, "does not lend itself" to CCS as it is located 200 km offshore, but future ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... dangling underneath have in common? They represent just some of the many projects that could form a portfolio approach to a new asset class: blue capital. Investing in the ocean, which is equally as critical as investing in land-based projects such as ...

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
ESG practitioners are playing an increasingly crucial role in driving positive social and environmental impact while also ensuring long-term financial returns for businesses and investors. The role of the ESG practitioner has evolved significantly over ...

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... about real world investment impacts, active stewardship and how to decarbonize their portfolios, according to Northern Trust Asset Management's global head of sustainability and stewardship. Julie Moret is in Australia to meet with clients and spoke ...

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 ...

Podcast: Decarbonisation and the EMUs - Julie Moret

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
In this episode, we're joined by Northern Trust Asset Management's global head of sustainability and stewardship Julie Moret. Julie will explain how managing investors' capital is like good practice in camping (it involves returning it in a more sustainable ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... US$750 million, which will be funded through a mix of corporate debt, upfinancings of existing hydro assets and proceeds from asset recycling initiatives. "As the energy transition gathers pace, what's needed is increasingly clear: faster deployment ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... this is projected to increase to 66% over the next two years. Equities, green bonds and private markets are the leading asset classes for biodiversity integration, however the biggest barriers to implementation are a lack of suitable data and ratings ...