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Showing 101 - 110 of 640 results for Rose Mary Petrass

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
The world's largest development financier has released its long-awaited policy on responsibly divesting, a historic first in its 80-year history. The new policy builds on the Sustainability Policy of the International Finance Corporation (IFC) - the ...

Why climate-linked exec pay fails

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
... but despite its popularity, it largely fails to achieve results, a new study reveals. In the past four years, the practice rose from 10% to 54% in ASX200 companies. Research released today shows most companies don't implement the strategy correctly ...

Global corporate emissions fall for first time

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
Carbon emissions from listed equities may have reached a turning point, according to new findings made using advanced artificial intelligence to fill disclosure gaps. Financed emissions data and climate risk analyst Emmi looked at 45,000 public companies ...

Responsible funds thrive despite greenwash fears: RIAA

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
... Despite these concerns, the sector is surging into the mainstream. The number of responsible investors increased by 26% and AUM rose from 36% to 41% of the market. Worries over performance eased from 52% to 45% as returns were strong. RIAA-certified ...

COP fails to bridge yawning funding gap

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
Developing countries are asking for more climate financing and wealthy nations debating how to pay for it. The 2024 UN Climate Change Conference (COP 29) runs from 11-22 November 2024 in Baku, Azerbaijan. So far, COP29 chief executive Elnur Soltanov ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
There is an urgent need for investments to protect against escalating climate risks and minimise capital flight from vulnerable areas as the globe careens closer to a runaway climate change scenario. At the Investor Group on Climate Change (IGCC) summit ...

New risks on board watch list

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
Compliance, regulation, and climate change are the red-hot topics for boards, who are pessimistic about Australia's economic and business prospects, the latest update from the Australian Institute of Company Directors reveals. Nearly two-thirds (61%) ...

Supermarket giants lead anti-slavery efforts

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
Coles and Wesfarmers have been named among the most successful case studies of company engagement in the fight against slavery. Investors Against Slavery and Trafficking Asia Pacific (IAST APAC) published its annual report this week highlighting investor ...

Unloved sector poised to reap rewards

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
Smart investors are buying into firms angling to solve the agri-food sector's biggest challenges, says Tai Lin, managing partner at private equity giant Proterra Asia. Amid an escalating global food crisis and the urgency of climate change, the ...

More work needed on climate risk response

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
Australia's prudential supervisor says while larger entities continue to improve their climate risk maturity, there remains room for improvement. The Australian Prudential Regulation Authority (APRA) urged all regulated entities to consider the ...