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Showing 171 - 180 of 1777 results for "ENE"

Energy asset owners hungry for cover

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
Energy assets present a number of particular insurance risks - from natural catastrophe exposures, to technology risks, to serial defects manifesting across replicated parts over a very large asset. Renewables developers and influential asset owners ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
Australian investors may face a global financial disaster as early as next year, risk researchers warn. Bert Kramer is head of climate research and ESG solutions at risk management firm Ortec Finance. He cautions that the upcoming revision of nationally ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Australian Ethical scores gold, others fall off charts

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
Stark differences in ESG fund performance in FY24 reflect markedly contrasting portfolio strategies - but might add fuel to the anti-ESG fire, Rainmaker warns. Australian Ethical and Nationwide Super topped the Rainmaker Information ESG league tables ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
Mercer Superannuation Australia has been slapped with a whopping $11.3 million penalty by the Federal Court on the back of an ASIC-led greenwashing investigation. Mercer was found to make misleading statements on its website about seven Sustainable ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Quinbrook, the specialist global infrastructure investment manager, has closed its largest-ever capital raise at $3 billion for the Net Zero Power Fund. The strategy focuses on large-scale solar, renewable fuels, power generators, and battery storage. ...

NZ investors to buoy positive impact funds, fears greenwashing

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
Positive impact fund managers should direct their efforts towards the New Zealand market after an investor survey last month found three in four New Zealanders want to invest in positive impact strategies. The annual survey, Voices of Aotearoa: Demand ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024  |  NEWS
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
IFM Investors has partnered with ASX-listed firms GrainCorp and Ampol in a bid to establish the country's fledgling renewable fuels industry. The three organisations committed in a Memorandum of Understanding (MOU) to help reduce emissions, starting ...