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Showing 151 - 160 of 600 results for "profit"

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

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Approximately $260 billion of all 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 ...

Investors prepare for urgent action on nature

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

Investors lack clarity, rural solutions lack funding

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Cannon-Brookes' $1.5 billion philanthropy Boundless Earth and charity Hand Heart Pocket. It will fund remote, rural and regional non-profit organisations to help them implement practices and solutions that reduce the impact of the changing climate on ...

Investors up the ante on company biodiversity risks

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... believe we can make a considerable difference. The real work begins now." Planet Tracker CEO Robin Millington said the non-profit financial think tank is involved with developing practical guidance for the investor community to drive the changes required ...

ACCC approves Origin Energy bid on renewable grounds

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The Australian Consumer and Competition Commission (ACCC) has greenlit Brookfield and MidOcean's proposed acquisition of Origin Energy. The ACCC partially based its authorisation on the public benefit of the proposed accelerated roll-out of renewable ...

Nature credits a potential bonanza for Australia

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
Australia is "uniquely positioned" to profit from any biodiversity credit market based on nature-positive outcomes, but it will require collaboration from business and government to grow a thriving market, according to analysis from Clayton Utz. Off ...

Warakirri AM properties certified sustainable

RACHEL ALEMBAKIS  |  THURSDAY, 21 SEP 2023  |  NEWS
... including the Warakirri Diversified Agriculture Fund, Warakirri Farmland Fund and Warakirri Cropping. Leading Harvest is a non-profit that has developed the Farmland Management Standard, which standardises sustainability verification and reporting across ...

Investors eye opportunities in Housing Australia Future Fund

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
... deliver housing, and this funding will unlock that capacity. "Most critically, by directing the investment through not-for-profit community housing providers, the federal government can have confidence in the right projects being funded, the right operations ...

Business climate action "irreversible": Combet

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
Business and investors acceptance of the need to decarbonise Australia's economy is "irreversible," said newly appointed Net Zero Economy Agency chair Greg Combet. "It's seemingly overwhelming accepted that significant decarbonisation of the ...

Australian Unity inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 11 SEP 2023  |  NEWS
... adjusted EBITDA for 2023 was $161.5 million, an increase of $17.3 million over the previous corresponding period, and a profit after tax of $56.8 million -up $11.1 million. Australian Unity has also released its 2023 Impact Report, which details how ...