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Showing 191 - 200 of 937 results for "economy"

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... morning. "Strengthening our capacity to assess climate-related financial risks and opportunities across all sectors of the economy and advancing Australia's leadership on sustainability. "We're pairing all this with six sector decarbonisation ...

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... emissions, from the date of investment to 2050. It invests in private companies across the transport, energy, circular economy, and sustainable food and agriculture themes. The food industry contributes more than a quarter of greenhouse gas emissions. ...

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 ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

ESG factors increasingly drive financial decisions

ROSE MARY PETRASS  |  MONDAY, 30 OCT 2023  |  NEWS
... according to global research. Employment trends are reflecting a growing interest in sustainable investing as the global economy ramps up net zero emissions and reporting on ESG metrics and diversity quotas. Only 7% of asset managers believe ESG factors ...

Reducing risk and navigating a just transition

ROSE MARY PETRASS  |  THURSDAY, 19 OCT 2023  |  NEWS
Steering the economy away from emissions-intensive industries comes significant social and economic risks that arise from transitioning communities. Institutional investors need to integrate these risks into their strategies or risk a "messy, chaotic ...

How to build a climate-resilient business: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... investors, companies and government on investing in building resilience means this is a rising priority as well as an economy-wide challenge. The most recent Intergenerational Report focused heavily on climate action, with a new focus on the physical ...

Arup becomes approved verifier for Climate Bonds Initiative

RACHEL ALEMBAKIS  |  TUESDAY, 17 OCT 2023  |  NEWS
... develop sector criteria for steel, cement, and hydrogen projects that are important in the transition to a carbon-free economy. "We welcome Arup to the group of Approved Verifiers under the Climate Bonds Standard and Certification Scheme. A noteworthy ...

Student accommodation provider inks billion-dollar SLL

RACHEL ALEMBAKIS  |  TUESDAY, 17 OCT 2023  |  NEWS
... health and wellbeing outcomes for Scape residents, lower carbon emissions, minimised waste, improved recycling and circular economy initiatives, and accommodation scholarships for people in need. Specifically, Scape is seeking 100% renewable energy or ...

Investors up the ante on company biodiversity risks

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... guidance for the investor community to drive the changes required in company practices. "The value of nature in the world economy is becoming increasingly recognized by the business, financial, and political community. Reversing the current trend towards ...