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Showing 91 - 100 of 1196 results for "Target"

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing ...

Australian Ethical backs infrastructure debt funds

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
Australian Ethical has allocated more than $100 million to two infrastructure debt funds that provide finance to renewable energy and social infrastructure projects. Australian Ethical has backed the Infradebt Ethical Fund and the Infradebt Energy Transition ...

Deutsche Bank finances Taiwan's largest offshore wind farm

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... now financed nearly 3 GW of wind power capacity for Taiwan, representing over 50% of Taiwan's 2025 offshore wind energy target. "Deutsche Bank is proud to be a go-to financial partner in Taiwan's transition to renewable energy," commented Cynthia Chan ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023  |  NEWS
Mirova, an affiliate of Natixis Investment Managers, aims to secure support from super funds, potentially reaching billions, to launch its sixth strategy focused on energy transition infrastructure. The global asset manager intends to raise approximately ...

Impact investing as greenwashing antidote: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Building portfolios around metrics such as direct revenue with real world social and/or environmental impact may be a solution to greenwashing, according to T. Rowe Price. Recently, T. Rowe Price global impact equity strategy Hari Balkrishna was in ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... ANZ, NAB and Westpac as joint lead arrangers. Igneo's Climate Action 1, 2, 3! program supports the team's net zero target, outlining its short and medium-term expectations for portfolio companies. Last year, our pure play renewable energy investments ...

A portfolio approach for renewable investment: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... generation/storage capacity needs to be invested over the next 7 to 10 years if Australia is serious about achieving our net zero target. The current level of investment is half of what we need to meet these objectives. Q: What are some of the challenges ...

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... strength of our sustainability credentials." In August, Morgan Stanley surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade, with US$700 billion earmarked for financing and US$550 ...

VIC SEC is back with $1 billion renewable target

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... education, and create 59,000 jobs with the goal to get the state to 95% renewables by 2035. Victoria has an emissions reduction target of net zero emissions by 2045. The first investment by the SEC will be $1 billion towards building 4.5 gigawatts of ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are ...