Search Results

Showing 1381 - 1390 of 2543 results for "Asset"

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
The global financial services industry faces $600 billion in climate change risks with widespread implications for banks across credit risk, market risk and operational risk, according to research from by Accenture. According to the climate disclosures ...

Carbon capture and storage questioned after Chevron result

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
Australia's only commercial scale carbon capture and storage (CCS) project has failed to meet targets to sequester carbon emissions from an LNG facility, raising questions as the role that CCS technology can play in reaching decarbonisation targets ...

Leading fund manager scales ESG presence in Asia

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
A leading fund manager announced plans to expand its sustainability expertise through three new hires in Asia. Robeco said "over the coming years" it will appoint three sustainability specialists in Singapore to provide localised ESG expertise across ...

Agriculture business signs first sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... agriculture production. Stockyard is an industry leader in emissions reduction and animal welfare. Stockyard's primary asset is its approximately 20,000 head feedlot located in the highly productive Darling Downs region of south-east Queensland. ...

Global sustainable investment grows 15%: GSIA

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
Australia and New Zealand have the third highest proportion of sustainable investments in the world, with more than a third of AUM sustainably managed. The biennial Global Sustainable Investment Review, released today by the Global Sustainable Investment ...

Activist group files climate resolution to AGL AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUL 2021  |  NEWS
Shareholder activist group Australasian Centre for Corporate Responsibility (ACCR) has filed a shareholder resolution with AGL Energy requesting targets that are aligned with the Paris Agreement for both of the proposed demerged companies. The resolution ...

New Forests acquires US timber asset

RACHEL ALEMBAKIS  |  TUESDAY, 20 JUL 2021  |  NEWS
New Forests has acquired a 63,000 hectare forest as part of a sustainable forest strategy. New Forests acquired the Hilt-Siskiyou Forest, a mixed-conifer forest along the California and Oregon border, from the Fruit Growers Supply Company (FGS) alongside ...

Schroders names APAC sustainability heads

RACHEL ALEMBAKIS  |  FRIDAY, 16 JUL 2021  |  NEWS
... Dan Chi will report to Stephanie Chang, head of ESG integration, in London. Dan Chi joined Schroders in 2020 from Nikko Asset Management, where she was global ESG specialist. Schroders noted that the four-person team will comprise a sustainable equity ...

Royal Adelaide Hospital locks in $2bn social, green loans

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... state's largest accredited teaching hospital." A sustainability loan is a type of finance overlay that recognises a project or asset that achieves a combination of positive environmental and social outcomes. "The Sustainability label recognises the ...

ASIC reviewing greenwashing in financial products

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
ASIC is reviewing whether sustainability labelled super funds and managed fund are as they claim to be, with the aim of establishing how much greenwashing is present in the Australian market. Currently, there is no regulated definition of ESG, sustainability/green/responsible ...