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Showing 1521 - 1530 of 4400 results for "Australia"

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... the Principles for Responsible Investment (PRI) Collaborative Sovereign Engagement on Climate Change pilot program in Australia that same month.

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... Energy Markets business while MidOcean would acquire Origin's Integrated Gas business including a 27.5% interest in Australia Pacific LNG (APLNG). MidOcean will then on-sell a 2.49% interest in APLNG to ConocoPhillips. ConocoPhillips, already a 47.5% ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... precedent to guide us," according to a speech by RBA Assistant Governor Brad Jones. In a recent speech addressing the risks Australia is likely to confront over the next decade, Jones identified threats from within the system - rapid deposit runs in ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are invested in agriculture, property ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... relocation assistance and the like", as well as improving climate resilience of government infrastructure. However, since Australia is wealthy and has never defaulted on its sovereign debt, it would be complex and difficult for the applicant to establish ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... make sure the board is paying attention to this as well." The group says Boral is also one of only three companies in Australia ranked by Climate Action 100+ (CA100+), a global independent investment network, as misaligned in its direct and indirect ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... said. PRI is currently hosting a series of regional workshops to discuss the new concepts. Fabian moderated one forum in Australia this week.

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... and co-ownership of activities that affect them, in order to support the self-determination of Indigenous Peoples in Australia. At the Australian Sustainable Finance Institute (ASFI) summit held in Sydney this week the spotlight was on best practice ...

Investors prepare for urgent action on nature

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... co-benefits - for biodiversity, ecosystems, and communities. And concerns around biodiversity offsets notwithstanding, Australia's vast wilderness and farmlands position it to profit from biodiversity credit markets, if implemented.

Renewables set to dominate by 2040

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... are at least five years past a peak in power generation from fossil fuels. Richie Merzian, international director of Australia's peak body for renewable energy industries Smart Energy Council, said the findings should serve to encourage the federal government ...