Search Results

Showing 1241 - 1250 of 2787 results for "DEC"

140 years to gender parity in finance: OMFIF

ROSE MARY PETRASS  |  WEDNESDAY, 26 APR 2023  |  NEWS
It will take more than a century for central banks and other financial institutions to reach gender balance in leadership, according to the Gender Balance Index 2023. The index, released by the Official Monetary and Financial Institutions Forum (OMFIF) ...

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
Treasurer Jim Chalmers has announced that the government will co-fund the initial development phase of an Australian Sustainable Finance Taxonomy, in partnership with the Australian Sustainable Finance Institute (ASFI). ASFI is the organising body working ...

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
The Reserve Bank of Australia (RBA) should "take account of climate risks but not use monetary policy to address them," a recommendation made as part of a sweeping overhaul of how the central bank functions. As reported in sister publication Financial ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
It is 10 years since more than a thousand people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker ...

Sustainability is facing a data crisis: new research

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
Inadequate data, fear of greenwashing and economic pressures is stalling progress on sustainability, according to a new study from Google Cloud. The study, conducted by The Harris Poll, found that greater accountability, better measurement and management ...

Amundi launches suite of Net Zero funds

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
European asset manager Amundi has launched a suite of Net Zero Ambition funds across multiple asset classes aimed at both institutional and retail investors. The goal of the Net Zero Ambition funds is to invest in companies "best to support the transition ...

$500bn investment needed to decarbonise NEM

RACHEL ALEMBAKIS  |  TUESDAY, 18 APR 2023  |  NEWS
It is possible to decarbonise Australia's National Electricity Market (NEM) in line with the ambition of limiting global warming to 1.5°C, but it carries a price tag of nearly half a trillion dollars of investment between now and 2050. The Clean ...

IGCC calls on government to boost Aussie green industry

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
Institutional investors are looking to invest in climate solutions - but attractive opportunities to sufficiently invest in Australian transition industries are hard to come by. New research finds that Australia is well-positioned to build profitable ...

Hong Kong stock exchange proposes climate disclosures

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
The Stock Exchange of Hong Kong has proposed mandatory climate-related disclosure for its listed companies. The exchange has published a consultation paper that proposes enhancement of climate-related disclosures under its environmental, social and ...

Quinbrook acquires US biofuel producer

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
Renewable energy investor Quinbrook Infrastructure Partners has made its first foray into biofuels through a US investment. Quinbrook has acquired PurposeEnergy, an established US-based renewable fuels and biogas specialist that focuses on using waste ...