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Showing 101 - 110 of 494 results for "coal"

Forestry companies create global engagement body

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
A coalition of forestry companies including New Forests have launched a collaborative engagement body that will advocate on issues including climate change, biodiversity loss and halting and reversing deforestation. The International Sustainable Forestry ...

Successful merger for social and inequality reporting framework

ROSE MARY PETRASS  |  FRIDAY, 1 SEP 2023  |  NEWS
Two initiatives focusing on inequality-related and social-related financial disclosures have successfully consolidated into a single taskforce to address related risks in reporting. The initiatives - the Taskforce on Inequality-related Financial Disclosures ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... is because "ESG requirements about fossil fuels have become quite narrow... it's not just, a $100 million loan for a coal mine - it's down to service providers, so the window of exposure to fossil fuel industry is becoming more significant." ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A global coalition of institutional investors with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. ...

Regional renewable investments ramp up

ROSE MARY PETRASS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... month, urging a faster transition to renewable energy. Citing a loss of reliable energy over the next decade due to projected coal plant closures, planned clean energy projects need to be fast-tracked to maintain the reliability of Australia's energy ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... climate action and more detailed transition plans. The Asia Investor Group on Climate Change (AIGCC) has made progress towards coal phase out and renewable energy commitments through collaborative engagement with Asian energy companies for two years ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... under RCP 8.5 - an aggressive, worst-case climate change scenario. Under this scenario, current policies would continue, coal output would remain high, and total cumulative emissions would be factored in. This model has received criticism for possible ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... Holdings Limited; Tobacco : Amcor PLC; Russian entities : Gazprom PJSC and Rosneft Oil Company; Oil Tar Sands : ConocoPhillips; Coal Mining : Coronado Global Resources Inc., New Hope Corporation Limited and Whitehaven Coal Limited. "ASIC also alleges ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... quarter of 2023. By comparison, Australia's energy mix was made up predominantly of fossil fuels at 71% of in 2021, including coal (51%), gas (18%) and oil (2%). This is not BlackRock's first investment in New Zealand's renewable sector. Last year, BlackRock ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A landmark class action lawsuit against the Commonwealth of Australia alleging the government does not properly disclose climate change risk in government bonds has been settled. The case was filed in 2020 by Kathleen (Katta) O'Donnell, who is represented ...