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Showing 191 - 200 of 3696 results for "RAC"

ARENA backs hydrogen electrolyser startup

RACHEL ALEMBAKIS  |  TUESDAY, 15 AUG 2023  |  NEWS
The Australian Renewable Energy Agency (ARENA) will allocate nearly $21 million to a hydrogen elctrolyser technology startup that was spun out of ARENA research. The Wollongong-based Hysata will develop and test a 5 MW unit at their new manufacturing ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
S&P Global Ratings has stopped providing new ESG scores when evaluating credit in an abrupt about-face. Effective immediately, the company announced it is no longer publishing new ESG credit indicators in our reports or updating outstanding ESG credit ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
The former deputy governor of the Reserve Bank of Australia is one of two leaders of the body that will develop an Australian sustainable finance taxonomy. The Australian Sustainable Finance Institute (ASFI) has named former RBA deputy governor Guy ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
One of the world's largest investment firms has announced a $2 billion fund to invest in New Zealand clean tech towards 100% renewable electricity generation by 2035. The country's energy mix currently consists mainly of hydropower, geothermal power ...

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 ...