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Showing 201 - 210 of 3727 results for "RAC"

Successful merger for social and inequality reporting framework

ROSE MARY PETRASS  |  FRIDAY, 1 SEP 2023  |  NEWS
Two initiatives focusing on inequality-related and social-related financial disclosures have successfully consolidated into a single taskforce to address related risks in reporting. The initiatives - the Taskforce on Inequality-related Financial Disclosures ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Australian government has committed the Australian Public Service to a net zero 2030 target its Scope 1 and Scope 2 emissions. The Department of Finance has quietly rolled out the target, which will "achieve net zero by actively reducing emissions ...

Sustainable, ethical super products fail performance test

RACHEL ALEMBAKIS, JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023  |  NEWS
Several sustainable, ethical and faith-based superannuation products have failed this year's superannuation performance test. Australian Retirement Trust's QSuper Socially Responsible option, three of Crescent Wealth's four investment options ...

Investors in hot seat over impact of 50-degree day

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
Institutional investors need to prepare for what would happen when Australia's temperature hits 50 degrees and analyse the impacts on investments and communities. The impact of a 50 degree day is the subject of a climate risk simulation exercise at ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
The Reserve Bank of Australia has committed to a 2030 net zero target for all Scope 1 and Scope 2 emissions. Speaking at the Sir Leslie Melville Lecture in Canberra, incoming governor Michele Bullock announced the target and said the central bank is ...

Asia ahead in Science Based Targets race

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
2022 saw an 87% increase in corporates setting targets, as more companies set targets in one year than in the seven years previously. The Science Based Targets initiative (SBTi) has reported 1097 companies set science-based targets in 2022 - a rise ...

Investors consider greenwashing when setting net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
Businesses and investors are balancing how to set and communicate ambitious net zero targets decarbonisation without greenwashing or greenhushing, and getting that correct is a challenge. Regulators around the world have been cracking down on greenhushing ...

Climate action both risk and opportunity to Australia: Intergenerational Report

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
Tackling climate change and transforming Australia's economy to its net zero 2050 target are central priorities in the 2023 Intergenerational Report issued today. In the Intergenerational Report, which provides a forecast of Australia's budget and economy ...

Aussie farmers call for climate courage

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Australia's food security hangs in the balance with climate change exacerbating extreme drought, flooding and other impacts which harm the country's ability to sustain food production, but climate change also presents opportunities for investment in ...

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
APAC and Japan data centre specialist AirTrunk has more than doubled the financing of an existing sustianbility linked loan, going from $2.1 billion to $4.6 billion. The transaction will refinance existing debt facilities and support the company's "rapid ...