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Showing 191 - 200 of 3691 results for "RAC"

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Sustainable finance expert and cofounder of Pollination Group Martijn Wilder will be the inaugural chair of the $15 billion National Reconstruction Fund (NRF) board. The NRF will invest in manufacturing projects cross seven priority investment areas ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A landmark class action lawsuit against the Commonwealth of Australia alleging the government does not properly disclose climate change risk in government bonds has been settled. The case was filed in 2020 by Kathleen (Katta) O'Donnell, who is represented ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
The global energy transition is underway, but there are still very few pure play opportunities available to investors on global stock exchanges, bringing challenges to investors who want to allocate in ways that take into account complex and rapidly ...

La Trobe Uni issues $175m green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
La Trobe University has issued a $175 million green bond that will fund projects in areas including renewable energy, green building, sustainable water and waste management and other initiatives. The Melbourne-based university's inaugural green ...

Using ChatGPT to assess climate targets: Acadian

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
Acadian Asset Management is utilizing the technology underpinning ChatGPT to predict whether companies are likely to achieve sustainability targets. The Acadian Net Zero Alignment Model integrates large learning models (LLM), the type of AI algorithm ...

IFM Investors certified by Climate Active

RACHEL ALEMBAKIS  |  TUESDAY, 1 AUG 2023  |  NEWS
IFM Investors has been certified by Climate Active as it seeks to deliver on its corporate net zero commitments. Climate Active is an Australian Government program that partners with Australian businesses to drive voluntary climate action and strengthen ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Report sounds alarm on data centre climate risks

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian businesses say they can't meet sustainability goals without reducing IT and data centre energy use, but say they don't have detailed data on emissions to make decisions, according to recently released research. University of Technology Sydney's ...

UniSuper invests with NorthStar Impact

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
UniSuper has awarded a $50 million mandate to a specialist impact equities fund manager. UniSuper has appointed NorthStar Impact as a specialist external listed equities manager. NorthStar Impact invests in listed Australian and New Zealand companies ...