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Climate change is changing the outlook for energy utilities

KIRSTY MACKAY-FISHER  |  FRIDAY, 17 SEP 2021  |  NEWS
Australia's electricity sector is the nation's single largest source of greenhouse gas pollution, accounting for about a third of our total greenhouse gas emissions. Extreme weather events related to climate change such as prolonged drought, bushfires ...

The importance of infrastructure in the transition to low carbon

URSULA TONKIN  |  FRIDAY, 17 SEP 2021  |  NEWS
From an investment perspective, infrastructure assets have many appealing characteristics. They provide investors with a solid yield and capital returns, underpinned by defensive and stable cash flows, as well as inflation protection and downside protection ...

Ratcheting up ambition on climate finance goals

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
Editorial note: This is the first in a three part series of articles brought to you by Aviva Investors Next month's UN Climate Change Conference (COP26) is anticipated to set in motion accelerated action towards the goals of the Paris Agreement ...

Greenpeace reveals greenwashing ASX companies

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
Setting and meeting a 100% renewable electricity goal by 2025 is "the key measure of credibility of any corporate climate action plan," according to Greenpeace. Greenpeace Australia Pacific has launched Hero to zero: uncovering the truth of corporate ...

Analysing the opportunities, challenges of the ESG investing sector

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 SEP 2021  |  NEWS
ESG is not only a risk management tool, but an investment strategy that can generate value for investors. As the ESG and responsible investment market grows, the industry is evolving in the way its strategies are created and implemented, said Mark Spicer ...

Monetary Authority of Singapore hires chief sustainability officer

RACHEL ALEMBAKIS  |  FRIDAY, 10 SEP 2021  |  NEWS
The Monetary Authority of Singapore (MAS) has formed a new Sustainability Group and hired Darian McBain as chief sustainability officer. McBain joins MAS on 1 October. The new Sustainability Group led by McBain will steer sustainability efforts across ...

ESG, corporate purpose top CEOs' agenda: KPMG

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
Australian CEOs face calls for more ESG reporting and transparency, but admit they struggle to "articulate a compelling ESG story," according to research from KPMG. The KPMG 2021 CEO Outlook, a study of 1,300 CEOs across 12 countries including Australia ...

Climate transition a business opportunity: Geoff Summerhayes

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
Climate-related business and investment decisions are shifting from risk to capturing new opportunities, according to former APRA executive board member Geoff Summerhayes. Climate change is moving from an issue of a "hygiene factor" to a question of ...

Federated Hermes launches climate change high yield credit strategy

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
The international business of Federated Hermes has launched a high yield credit strategy that invests in securities that support a low carbon future. The Federated Hermes Climate Change High Yield Credit Strategy is seeded by and designed in partnership ...

SGX proposes mandatory TCFD, diversity reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 SEP 2021  |  NEWS
The Singapore Stock Exchange (SGX) has proposed making the Task Force on Climate-Related Financial Disclosures (TCFD) guidelines mandatory for all entities listed on the exchange. The Singapore Exchange Regulation (SGX RegCo) is also proposing enhancements ...