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Showing 91 - 100 of 542 results for "coal"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal coal, alcohol production and gambling. They were promoted as suitable for members who "are deeply committed to sustainability". ...

Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...

Olympics flame sparks $10bn pledge to sports equality

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
International development banks pledge $10 billion to promote the United Nations' Sustainable Development Goals (SDGs) in sports. This comes as the Paris Summer Olympics kick off, with the opening ceremony held on Friday. The inaugural Sport for ...

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
... Australasian Centre for Corporate Responsibility (ACCR), surveyed 500 global investors in steelmaking, iron ore and metallurgical coal mining. A large proportion of respondents were portfolio managers, investment managers or investment directors. The ...

"Critical decade" for energy

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... on the grid since the Albanese government took over: "There are now more homes with solar than with swimming pools." Aging coal-fired power stations pose a risk, and more renewables will ensure grid reliability. Bowen also emphasized the role of the ...

Instos continue to fund fossil fuel expansion

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
As of May 2024, over 7,500 institutional investors hold US$4.3 trillion worth of bonds and shares in coal, oil, and gas companies, despite many committing to wind down financed emissions. Vanguard ($413 bn), BlackRock ($400 bn), State Street ($171 bn) ...

Groups unite against carbon offsets

ROSE MARY PETRASS  |  MONDAY, 8 JUL 2024  |  NEWS
... fuel companies have claimed to be reducing emissions by investing in planting trees while increasing their production of coal, oil and gas," the letter said. "If the use of carbon offset credits is allowed to meet emission reduction targets, there is ...

First renewable energy zone to start works

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... country to obtain planning approval, paving the way for a significant boost in renewable energy generation to replace aging coal-fired power stations," NSW minister for climate change and energy Penny Sharpe said. "It's not just about clean energy. This ...

Podcast: Momentum on nature, biodiversity, and climate with Natalie Kyriacou

THE GREENER WAY  |  TUESDAY, 2 JUL 2024  |  NEWS
On this episode of The Greener Way podcast, Natalie Kyriacou joins senior journalist and host Rose Mary Petrass to discuss how Australia is tracking on ESG compared to our global peers. The pair discuss Australia's Nature Repair Market scheme and ...