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Showing 1071 - 1080 of 3681 results for "Australia"

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... according to Northern Trust Asset Management's global head of sustainability and stewardship. Julie Moret is in Australia to meet with clients and spoke with FS Sustainability on her observations, which centre around the three main themes. "On a ...

Australian sustainable finance taxonomy to feature traffic-light system

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Australia's future taxonomy defining sustainable financial activity should adopt a traffic-light colour coded framework to allow financial products to be distinguished based on their alignment to sustainable activities. That is one of the recommendations ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... financial institutions and companies. A number of Australian companies are on the Taskforce and within the TNFD secretariat. Australia is expected to legislate mandated climate reporting as early as FY 2024/25, following in the footsteps of countries ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Four Australian companies are amongst the top 50 listed corporate carbon emitters for the entire Asian region, according to research from Barclays. AGL, Origin, Rio Tinto and South 32 appear on the list, which surveyed how 50 Asian listed companies ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... losses were uninsured, representing millions of households and businesses without insurance. The year saw floods in Australia and South Africa, Hurricane Ian in the US, hailstorms in France, winter storms in Europe, and droughts in Europe, China, and ...

The four-day work week - will it work?

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
... workforce are in the trades. A Senate committee inquiry recently recommended a national trial of the four-day week in Australia, proposing that the Fair Work Commission should review the operation of the current 38-hour work week. The idea is to offer ...

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
... of alignment with Origin's strategy and a desire to accelerate initiatives consistent with Origin's critical role in Australia's energy transition." The consortium consists of Brookfield Renewable Partners, with institutional investors GIC And Temasek. ...

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 ...

Apostle Funds Management launches carbon credit fund

RACHEL ALEMBAKIS  |  MONDAY, 27 MAR 2023  |  NEWS
... benchmark is evenly weighted against the five major global carbon markets - California, Europe, UK, New Zealand and Australia with the aim of offering "holistic exposure to the carbon price and helps reduce volatility through jurisdictional diversification." ...