Search Results

Showing 1341 - 1350 of 2714 results for "DEC"

Alexis Cheang joins TCorp

ELIZABETH FRY  |  THURSDAY, 2 JUN 2022  |  NEWS
TCorp has appointed Alexis Cheang as head of investment stewardship, hiring from Mercer. In her new role at the New South Wales Government's investment arm, Cheang will report directly to Stewart Brentnall, TCorp's chief investment officer ...

Calls for transformation, climate skill in AGL board renewal

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
The pending departure of the CEO and chair and other AGL board members highlights an urgent need to bring both climate change and company transformation experience to the refreshed board, according to recruitment and governance experts. Earlier this ...

New Forests increases California forestry holdings

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
Nature based real assets and natural capital strategies manager New Forests has purchased approximately 108,000 acres of forestry estate in Northern California. The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta ...

Possible $480bn carbon hit by 2030 for ASX300: Emmi

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
More than 30% of ASX300 value could be at risk by 2030 if the world becomes carbon constrained, according to modelling from carbon fintech and financial infrastructure company Emmi. With a market cap of $1.6 trillion, this equates to $480 billion of ...

Warning on climate risk if net zero targets not achieved

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
If current net zero commitments aren't sufficient to limiting global warming to 1.5 degrees, investors need re-assess physical, adaptation and transition risks and opportunities in their portfolios, according to abrdn. Jeremy Lawson, chief economist ...

Rising costs of carbon credit to impact offsetting strategies

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
Carbon credit prices could increase three- to six-fold because of increasing demand and strengthened net zero 2050 commitments, according to modelling from the EY Net Zero Centre. The EY Net Zero Centre recently released Essential, expensive, and evolving ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
Industry super fund HESTA will vote against a proposed demerger of energy utility AGL, becoming the first super fund to state their proxy voting intentions in public. HESTA said it has engaged with AGL and decided to vote against the demerger, as reported ...

US SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
The US Securities and Exchange Commission (SEC) has proposed a disclosure regime for ESG-related funds and advisers that would see funds disclose information on strategies, progress and achievement. The proposed changes would see the creation of three ...

Strong flow of new ESG funds brought to market: Equity Trustees

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
There is a strong issuance of funds with explicit ESG themes being brought to market by responsible entity provider Equity Trustees. Equity Trustees has said that of the 100 funds that they launched over the past 24 months, 34% were global equity funds ...

Nomura, Mitsui announce New Forest acquisition as fund reports on impacts

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
New Forests will be acquired by Mitsui & Co and Nomura Holdings as the real assets and natural capital strategies investment manager positions itself to drive change through nature-based solutions, shared prosperity and the circular bioeconomy. Under ...