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Investors press for swift action in wake of climate report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... released Climate Change 2021: the Physical Science Basis. The report provides new estimates of the chances of crossing the global warming level of 1.5°C in the next decades, and finds that unless there are immediate, rapid and large-scale reductions ...

IPCC report highlights need for urgent action in Australia: CMI

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... released Climate Change 2021: the Physical Science Basis. The report provides new estimates of the chances of crossing the global warming level of 1.5°C in the next decades, and finds that unless there are immediate, rapid and large-scale reductions ...

ESG "the most important thematic for the next 30 years"

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
... next 30 years," Hamson said. "For the next year or two, it's probably going to be COVID, but for the next 30 years global warming is going to be the story. "We need to get to net zero emissions. We've already seen record floods and heat waves ...

A burning issue: decarbonising the global steel industry

ANNA CHONG, ANDY JONES  |  THURSDAY, 5 AUG 2021  |  NEWS
Steel is essential in today's world, and it will be just as essential tomorrow - much of the technology to create a zero-carbon future, from wind turbines to mass transportation, will use steel in its construction. Yet steel production itself is ...

Assessing big tech's ESG risks and opportunities: Aviva Investors

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
Tech companies such as Alphabet, Facebook and Microsoft have soared over the past 12 months and the IT sector is a large component of many ESG funds, but Aviva Investors cautions that there are ESG risks to businesses' practices that must be scrutinised. ...

bfinance hires ESG and responsible investment director

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
... net zero greenhouse gas emissions by 2050 or sooner in line with the goals of the Paris Climate Agreement to limit the global temperature increase to 1.5°C above pre-industrial levels. This commitment includes: working with asset owner clients to ...

Setting ESG targets a "first mover advantage" for companies

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
... they want a continuum of companies to safely be nested within. "They're going to start missing opportunities now as global capital start to positively screen and scale." Whelan noted that when she talks to companies, her feedback is that they should ...

Investor consortium completes Tilt Renewables deal

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
... QIC's deep energy sector capability driven by our sector centric, thematic-based investment strategy," said QIC head of global infrastructure Ross Israel. "It also evidences our ability to secure strong bolt-on acquisitions to drive value for our ...

ASI launches APAC sustainability institute

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
... sustainable investment strategies, but is moving fast to catch up with client demand," Buehlmann said. "Capitalising on our deep global and Asian ESG expertise, there is an opportunity for us to drive positive changes in the industry. Active engagement ...

Mitsubishi buys stake in Australian carbon credit developer

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
... Mitsubishi Corporation's confidence in making this investment. "This is a significant opportunity to join forces with a global player to originate projects in both the Australian and international carbon markets," said AIC CEO Adam Townley. AIC is ...