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Showing 1211 - 1220 of 3681 results for "Australia"

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
A coalition of Australia's largest superannuation funds and fund managers have outlined "high priority" policy recommendations including a 75% reduction target by 2035. The Investor Group on Climate Change (IGCC) has called on the federal government ...

bfinance sounds alarm on "overly simplistic" carbon targets

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... and environmental outcomes. "We have seen a rapid evolution in the push towards net zero or low carbon portfolios in Australia over recent years, but it is important to understand that achieving this goal is not always simple," said bfinance business ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Fortescue Metals will deploy US$6.2 billion by 2030 to eliminate fossil fuel use and achieve "real zero" Scope 1 and 2 emissions across its iron ore operations. The company announced this week that their updated decarbonisation plans will "generate ...

Consumer watchdog warns on greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
The Australian Competition and Consumer Commission (ACCC) is "actively monitoring" green claims and won't hesitate to take enforcement action if consumers are being misled or deceived by greenwashing. Deputy chair Delia Rickard said the ACCC will ...

Demand for ethical ETFs surge

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on ASX and Cboe Australia are more than $8.5 billion, with BetaShares range of ethical ETFs constituting nearly half, according to BetaShares responsible ...

Super funds more likely to recall shares for proxy votes: research

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... the ASX100 and those with existing shareholder dissent," according to the research. Ang noted that recall patterns in Australia differ from those in other markets on several grounds. For example, he told FS Sustainability that in the US, proxy voting ...

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 2022  |  NEWS
Australia "is going to need to find a way" to implement the standards being developed by the International Sustainability Standards Board (ISSB) or else risk falling behind on international investor expectations, Reserve Bank of Australia Governor Philip ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
The board of UniSuper has imposed a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report ...

Podcast: Managing climate and sustainability megatrends with Terence Jeyaretnam

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... explains how his personal interests in systems level changes have led him to directorships with Global Citizen, Fairtrade Australia and New Zealand and Amnesty International. Jeyaretnam joined EY in 2014, when EY bought sustainability consultancy Net ...

BlackRock continues renewable infrastructure investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022  |  NEWS
... stations. In Asia Pacific, BlackRock focuses on climate-related infrastructure investments in key markets including Australia, New Zealand, Taiwan, Japan and South Korea. Last month, BlackRock Real Assets announced the acquisition of Akaysha Energy ...