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Showing 1101 - 1110 of 3317 results for "REC"

Does sustainable investing underperform?

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
The market value of sustainable ETFs has seen a meteoric rise, from about US$350 million in 2012 to almost US$100 billion at the end of 2022, but new research questions whether that growth was built with manager skill. 2020 saw large outperformance ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

UniSuper, pension funds buy forestry fund

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Australia's top carbon-emitting companies are still failing to align their decarbonisation targets with the end goal of containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian ...

Brookfield buys UK Banks Renewables

ROSE MARY PETRASS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Brookfield Asset Management will buy UK-based renewable energy company Banks Renewables for US$1 billion. This follows the acquisition of US renewable energy developer Urban Grid by Brookfield Renewable and its investors earlier this year for $650 million. ...

Uni partnership to turbocharge innovation in CO2 product manufacturing

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
An Australian university hopes to transform carbon dioxide emissions from the energy and manufacturing sectors into useful products or embed carbon into existing products. At Monash University, the Australian Research Council (ARC) Research Hub for ...

ZEN Energy recruits new senior exec

RACHEL ALEMBAKIS  |  TUESDAY, 3 OCT 2023  |  NEWS
Renewable energy retailer ZEN Energy has appointed a new chief financial officer. Phillipa Chen joins ZEN from Macquarie Group where she was a Director of Macquarie Asset Management. "Phillipa brings deep industry and capital market experience to ZEN's ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
15 superannuation funds have been named ESG Leaders by Rainmaker Information. The ESG Leader Rating is earned by Australia's best super funds that are implementing environmental, social and governance (ESG) principles to a high level, while having ...

Nature credits a potential bonanza for Australia

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
Australia is "uniquely positioned" to profit from any biodiversity credit market based on nature-positive outcomes, but it will require collaboration from business and government to grow a thriving market, according to analysis from Clayton Utz. Off ...

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
Divesting from emissions-intensive assets may maintain or even increase the systemic risks that climate change poses to overall financial returns of the institutional investors that part-own them. While companies and investors are turning to divestment ...