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Showing 241 - 250 of 984 results for "Action2020"

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
China's Certified Emission Reductions (CCER) scheme has restarted after a six-year pause, as the country releases its National Biodiversity Strategy and Action Plan. Suspended in 2017 due to low trading volume and lack of standardisation in carbon audits ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
For the first time in its quarterly earnings report, BlackRock identified stakeholder pressure on ESG and AI as risk factors that may influence returns. In its earnings release published on Friday, the firm warned that "increasing focus from stakeholders ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
Super funds with more than $5 billion in assets under management will have to report on the financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
In the face of projections that 2024 is set to surpass the 1.5°C Paris Agreement threshold, experts are concerned that investors are unprepared for the escalating risks associated with climate change. Investors navigate these risks by employing models ...

Carbon markets heat up

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
The beginning of 2024 has seen a maturing carbon market attracting greater attention from stakeholders across various sectors, indicating a surge in demand in both voluntary and compliance markets. Xpansiv invests in Evident US energy market infrastructure ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
Current financial regulations and central banking activities have an outsized focus on climate, and neglect broader impacts such as biodiversity loss and its effects on communities who rely on nature for their livelihoods. While progress has been made ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
As we sing Auld Lang Syne to what was a pivotal year for global sustainability efforts, let's take a look back at the most popular articles of the year - in case you missed any. #1: ANZ in court over climate and nature risk failure November: An ANZ ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
If 2023 marked a broadened focus on climate adaptation, transition, biodiversity and modern slavery, 2024 is poised to be the year of ESG integration, consolidated reporting, legislative compliance, supply chain due diligence, and managing artificial ...