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Showing 101 - 110 of 146 results for "GIA"

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
Microsoft is only the latest tech giant to invest in a controversial technology aiming to capture CO2 and store it underground through "subsurface saline sequestration". The world's leading tech company with US$3.15 trillion market cap says the tech ...

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
Amazon has followed in PUMA's footsteps with the claim they have hit a key environmental target seven years early, without disclosing much detail. Amazon's operational energy supply has achieved a 100% renewable energy "match", the e-retail powerhouse ...

Retirement heavyweight pitches climate fix

ROSE MARY PETRASS  |  THURSDAY, 27 JUN 2024  |  NEWS
Top retirement specialist Jeremy Cooper has taken up the decarbonisation challenge with an ESG strategic advisory position - and he has a proposal that will shake up the industry. Cooper joins multinational professional services firm MinterEllison's ...

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
The US banking giant will bolster its sustainable development financing through to the end of the decade, including $1 trillion for green initiatives. J.P. Morgan Chase & Co estimates that the allocation of capital needed to fund the net zero transition ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Mercer nabs Aware sustainability expert

ELIZABETH FRY  |  MONDAY, 25 MAR 2024  |  NEWS
Mercer Investments has appointed Guy Shearman as a senior sustainable investment analyst. Shearman joins from the $160 billion superannuation giant Aware Super, where he spent three years as a responsible investment analyst. Before that, he was an ESG ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

Global managers drop out, scale back on Climate Action 100+

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
The three global giant fund managers that are leaving or changing up their relationship with Climate Action 100+ were not lead investors on any Australian-based engagements, local organisers have confirmed. Last week, J.P. Morgan Asset Management and ...

Amazon's Queensland operations to run off solar

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
Global giant Amazon and an independent power producer have announced the commercial operation of a new 125-megawatt renewable energy project that will power Amazon operations, including data centres and fulfilment centres. This comes as Premier Steven ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... now playing catch up," Catherine Maxwell, general manager of policy and advocacy at the Governance Institute of Australia (GIA) said. "Multiple consultations are happening at the same time. These are complex areas of policy reform, and they require thorough ...