Search Results

Showing 1451 - 1460 of 4363 results for "Australia"

RIAA creates co-CEO model to replace outgoing O'Connor

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... Responsible Investment Association Australasia (RIAA) has named two co-CEOs to replace its outgoing leader, one based in Australia and one based in Aotearoa New Zealand. Estelle Parker and Dean Hegarty will take the helm of the organisation in early ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
ASIC has identified sustainable finance governance and greenwashing as one of three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes ...

Don't neglect the SDGs in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... opportunity to tie action on the Sustainable Development Goals (SDGs) to action on climate. UN Global Compact Network Australia chair Fiona Reynolds called the recently released strategy a "welcome step" and said that the each of the three pillars of ...

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
Despite widespread corporate commitments to net zero, a significant proportion of global companies engage in lobbying that contradicts their stated environmental goals. While almost all US companies target net zero, most are weakly aligned to their ...

H2Kwinana Hydrogen Hub gets $70m government backing

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
A Western Australia based hydrogen hub has progressed one step further to becoming operational, with the Albanese government announcing $70 million in support as part of its Regional Hydrogen Hubs program. bp's H2Kwinana Hydrogen Hub has reached Front-End ...

Macquarie opens clean energy arm

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... wind, solar and integrated batteries across Australian and New Zealand. With an initial portfolio of 4 GW of projects in Australia, the business will develop clean energy projects across New South Wales, Victoria, South Australia and Tasmania. These ...

La Trobe University inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... other initiatives. La Trobe University has refinanced existing bank facilities into a SLL with Bendigo Bank and National Australia Bank. The SLL ties a reduced interest rate to performance against social and environmental KPIs including emissions reduction ...

Investing during a disorderly transition: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... really only came to be more relevant to investors when the NGFS released its climate scenarios. The starting point in Australia was the electricity markets, where we could see how the transition to clean energy has been happening in a very messy way. ...

Greenwashing a barrier to responsible investment uptake

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Investors considering responsible investment products say greenwashing, lack of understanding of methodology used by managers and a desire for financial advice first is stopping them from investing. According to the third 2023 Responsible Investing ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... manage the material risks of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter, who is represented by Equity Generation Lawyers, accuses the bank of not having ...