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Showing 1551 - 1560 of 4400 results for "Australia"

ACCC approves Origin Energy bid on renewable grounds

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 OCT 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% ...

Impax launches global fund down under

CHLOE WALKER  |  MONDAY, 9 OCT 2023  |  NEWS
The UK-based specialist asset manager has launched its Global Opportunities Fund in Australia, offering local investors access to global sustainable investment opportunities. The Impax Global Opportunities Fund is an all-cap global equities product ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... from current carbon emissions activities to that long term goal is not quite business as usual for all companies in Australia, it may be getting there. With government commitments to bring in mandatory climate disclosure forcing company boards to plan ...

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
The price of Australian Carbon Credit Units (ACCUs) is likely to double by 2035, meaning that companies should act now to reduce or abate emissions, according to EY. EY has published Changing Gears: Australia's Carbon Market Outlook 2023, which ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
Companies are grappling with the ramp-up to mandatory climate disclosure in Australia, the "biggest change in corporate reporting in a generation," with the Australian Institute of Company Directors (AICD) publishing a guide to assist directors' ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... society at large - less so transition risk, which nevertheless is a major risk factor. In fact, the Insurance Council of Australia's Climate Change Roadmap, which states that Australia is "on the frontline" of physical climate risk. Insurance Council ...

UniSuper, pension funds buy forestry fund

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... management services. Forico is Tasmania's largest private forest management company and the estate itself is one of Australia's largest plantation hardwood estates by productive area. It consists of vertically integrated assets and operations spanning ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Australia's top carbon-emitting companies are still failing to align their decarbonisation targets with the end goal of containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian ...

Brookfield buys UK Banks Renewables

ROSE MARY PETRASS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... enterprise Reliance Industries, a Fortune 500 company, to manufacture renewable energy and decarbonisation equipment in Australia. The equipment will supply utilities companies including Origin Energy.

Climate fund assets reach half a trillion dollars

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... investor interest and regulation. China and the US rank second and third, with 8% and 6% market share, respectively. Australia grew by 13% in assets over the past 18 months, with low carbon funds taking up two-thirds of the assets. Australia launched ...