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Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
Decarbonising aluminium's supply chain is a key business and industry aim for aluminium extruder and distributor Capral. Capral is Australia's largest aluminium extrusion business with 65,000 tonnes capacity, six manufacturing bases in Australia and ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
In a world first, Japan's JPY1.6 trillion (US$11 billion) Climate Transition Bond will launch with proceeds going to fund Japan's carbon neutrality investment roadmap. The bond is certified under the Climate Bonds Standard, which assures environmental ...

Climate-committed investor group grows to $35tr AUM

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
Investor support for climate action is on the rise, with the Investor Group on Climate Change (IGCC) reporting a global membership increase representing more than 14.8 million beneficiaries, up from eight million four years ago. The group, which brings ...

SIX launches share platform for investors, activists

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
A former co-founder of Future Super has launched Sustainable Investment Exchange (SIX), a share trading platform that combines activism and investing. SIX is co-founded by Adam Verwey, a former co-founder of Future Super, and Sophie Hall, an experienced ...

Brookfield reaches first close on second transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
... said. "New trends are also emerging, such as supplying reliable, clean power to the surging data and technology sector, building entirely new industrial supply chains, and scaling technologies required for industrial decarbonization. The strong first ...

Green bond investors left in the dark

ROSE MARY PETRASS  |  THURSDAY, 8 FEB 2024  |  NEWS
... Capital Market Association (ICMA) Green Bond Principles guidance to be updated to provide standardisation to issuers, building on a standard from the Partnership for Carbon Accounting Financials (PCAF), and accounting for the lack of data reported for ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
Transition plans are pivotal to ensuring companies' credibility in achieving net-zero goals - but currently do not factor in safeguarding and restoring nature and biodiversity. In a bid to accelerate the protection and restoration of nature, finance ...

Social and governance factors top "new risk reality"

ROSE MARY PETRASS  |  TUESDAY, 30 JAN 2024  |  NEWS
Social and governance risk are gaining traction as a focus for corporates, as these topics become recognised as central to sustainability - now an essential in today's climate-conscious world. In a shifting corporate risk environment, governance ...

Senior appointments at ag managers

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2024  |  NEWS
Two agricultural asset managers have made key executive appointments. Warakirri Asset Management has hired Nikki Jordan to the newly created role of head of sustainability. Jordan will report to Warakirri managing director Jim McKay and will "lead the ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...