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Investors press for swift action in wake of climate report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... of physical impacts, noting that global surface temperature will continue to increase until at least the mid-century under all emissions scenarios. The report also warns of "increases in the frequency and intensity of hot extremes, marine heatwaves ...

Activist group files climate resolution to AGL AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUL 2021  |  NEWS
... decarbonisation," Gocher said. "The International Energy Agency's recently published 'Net Zero by 2050' report recommended that all unabated coal plants must be phased out in advanced economies by 2030. Incredibly, Baywater is scheduled to close in 2035 ...

Charting a course to net zero: Neuberger Berman

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... prominently, there are decisions that we believe are hard to justify from a climate perspective - new investment in thermal coal-based electricity generation, for example." Beyond the governance and decisions to make a net zero commitment, most of the ...

QSuper members call for greater climate action

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
... chair Don Luke asking him to "explain why QSuper has delayed quantifying the fund's carbon exposure, commit to fully disclose all its equity holdings by 31 December 2021, and clarify the steps QSuper is taking to achieve net zero emissions across its ...

Super fund invests in Australian Unity Green Bond Fund

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
... coal, tobacco and controversial weapons, Squires told FS Sustainability at the time of the announcement. "Through looking at all of the research, and the analysis within our portfolio, we came to the conclusion that we can absolutely achieve a 2030 target," ...

New fossil fuel exploration acreage released

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... "The decision to open up new oil and gas exploration, at a time when energy experts, investors, and our strategic allies are all moving away from fossil fuels, goes against all scientific and economic reason." The Climate Council said it recommends ...

Powerful signal on climate with votes, court decisions

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... and a ruling by a Dutch court against Royal Dutch Shell intensifies the focus on the oil and gas industry, but experts say all Australian company directors should heed advice when it comes to managing the risks of climate change. In less than 24 hours ...

Advisers seek education, clarification on ESG investing

RACHEL ALEMBAKIS  |  THURSDAY, 20 MAY 2021  |  NEWS
... challenges," Higgins said. "The classic aspect is always around everybody's values, beliefs and key tenants. They're all different, but if you're looking at it through the perspective of values-based investing, having to mass-customise portfolios ...

Net zero: How to separate truth from marketing

ELIZABETH MCARTHUR  |  THURSDAY, 20 MAY 2021  |  NEWS
... however a proliferation in net zero commitments in Australia, as there is internationally. But Barnes isn't sure that all of these commitments are accompanied by a thorough plan. She also questioned how seriously investors can take some stress testing ...

Unite the league: investors join climate coalition

RACHEL ALEMBAKIS  |  MONDAY, 17 MAY 2021  |  NEWS
... our first bank partner on board as the initiative progressively moves from an initial focus on investors to being opened to all actors across financial markets over the next few years." TelstraSuper has committed to reduce portfolio emissions of 45% ...