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Showing 1171 - 1180 of 3242 results for "PRI"

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows. Inflation, interest rates and recession fears are weakening flows into global sustainable funds overall- which attracted $US18 ...

Tasmanian cattle producer new chair of Farmers for Climate Action

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
Tasmanian cattle producer Brett Hall has been named new chair of Farmers for Climate Action (FCA) following the resignation of Charlie Prell. Hall, a long-time board member, will play a key role in selecting the new CEO at the non-profit which represents ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... stewardship and important role stewardship in the prudent management of assets. The Principles for Responsible Investment (PRI) also welcomed APRA's updated guidance. "PRI welcomes today's update to SPG530, which among other things confirms expectations ...

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
Macquarie University has inked a $450 million sustainability linked loan (SLL) as part of a refinancing deal that will see interest rate savings invested in scholarships for disadvantaged students. Macquarie has refinanced its bank facilities and worked ...

Schneider: Digitalisation key to dodging energy shocks

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
Businesses are switching to renewable energy-based electrification to shield themselves from volatile energy prices, with positive implications for sustainability, according to a new survey from Schneider Electric. The company commissioned independent ...

Transition Pathway Initiative appoints new chairs as founder steps down

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
David Russell, former head of responsible investment for the Universities Superannuation Scheme (USS), the UK's largest pensions fund, has been named the new chair of the Transition Pathway Initiative (TPI) board. Jake Barnett, managing director ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
Renewable energy is well on its way to become the "backbone" of the global economy, according to Hamish Chamberlayne, head of global sustainable equities at Janus Henderson Investors The sustainable investment expert says renewables offer favourable ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
There are not enough registered renewable power producers on the market to meet demand for renewable energy certificates, according to the Clean Energy Regulator (CER). CER gave its update on the Renewable Energy Target (RET), a government scheme designed ...

Arup appoints state energy business leader

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
Arup has named Thomas Briault as the new Energy Business leader for New South Wales and ACT. Briault has worked for more than 20 years for Arup, most recently as principle for the firm's Southeast Asia Energy, Water and Resources business in Singapore. ...