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Showing 1341 - 1350 of 3319 results for "PRI"

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
A bill that would force CalPERS and CalSTRS to divest from fossil fuel investments by July 2030 is making its way through the California legislature. SB 252, which would halt future investment in fossil fuel assets and force the California pension funds ...

Turning PV waste into investment opportunity

ROSE MARY PETRASS  |  THURSDAY, 13 APR 2023  |  NEWS
The Australian renewable energy sector is grappling with the dilemma of what to do with an estimated 80 million solar panels at end of life - more than 100,000 tonnes due to be dismantled in Australia from 2035 onwards. This enormous volume of waste ...

CEFC invests $80m in private equity strategy

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed up to $80 million in a private equity fund that will invest in a range of mid-market companies while driving decarbonisation at the same time. CEFC will invest in Crescent Capital Partners' seventh ...

Fund Manager round up: Maple-Brown Abbot, Brookfield, Cultiv8

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
This week, Maple-Brown Abbott launched a repositioned sustainability fund, Brookfield made its first Australian renewables investment and Cultiv8 made three investments. Maple-Brown Abbott launched the Maple-Brown Abbott Australian Sustainable Future ...

RIAA hires head of certification

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
The Responsible Investment Association Australasia (RIAA) has recruited its new head of certification from the B Corp movement. Shalini Samuel joins RIAA as head of certification. She comes to the industry body from B Lab AANZ, where she was director ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Oil producer Karoon Energy is implementing strategies in line with its net zero target of 2035 covering Scope 1 and 2 emissions. The company, which operates assets in Brazil, is implementing the result of a strategic corporate review that incorporates ...

Businesses back stronger Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Australian companies support stronger regulation around modern slavery, including the establishment of a national anti-slavery commissioner and the introduction of financial penalties for inadequate disclosures. A coalition of human rights organisations ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
What do sail-boat cargo ships, robots that can clean and repair boat hulls underwater, and floating photovoltaics with seaweed dangling underneath have in common? They represent just some of the many projects that could form a portfolio approach to ...

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
ESG practitioners are playing an increasingly crucial role in driving positive social and environmental impact while also ensuring long-term financial returns for businesses and investors. The role of the ESG practitioner has evolved significantly over ...

Four in five companies prefer penalties to sustainability, study finds

ROSE MARY PETRASS  |  MONDAY, 3 APR 2023  |  NEWS
New research has found that the vast majority of companies would accept regulatory penalties rather than take on sustainability initiatives. Further, the study revealed that most companies prioritise commercial objectives over sustainability, highlighting ...