Search Results

Showing 261 - 270 of 2228 results for "DEC"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

Red alert for PFAS value chain

ROSE MARY PETRASS  |  FRIDAY, 16 AUG 2024  |  NEWS
A US$684 billion investor group urges caution as global bans on PFAS 'forever chemicals' escalate - yet opportunities await those ahead of the curve. A MUFJ-owned think tank from subsidiaries First Sentier and Mitsubishi UFJ Trust and Banking Corporation ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
The ASX-listed companies have poured $80 million into a new Australian carbon credits fund from Silva Capital. The Silva Carbon Origination Fund is one of the first funds in Australia to invest in large-scale, high-integrity Australian Carbon Credit ...

S&P Global gains top sustainability expert

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
The high-profile Désirée Lucchese has quit MLC Life Insurance after just four months to join S&P Global as a sustainability solutions specialist. Lucchese said she is keen to return to the "complex, nuanced and ever-evolving space of investment data ...

NorthStar Impact analyst joins TCorp

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
TCorp has hired a new senior analyst to join the stewardship team on climate risk. Joining from NorthStar Impact, Sophia Carson Edwards has seven years' experience in the investment management industry. Before NorthStar, she was a sustainability ...

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
Australian investors may face a global financial disaster as early as next year, risk researchers warn. Bert Kramer is head of climate research and ESG solutions at risk management firm Ortec Finance. He cautions that the upcoming revision of nationally ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

ASX200 boards near gender target: ACSI

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
National Australia Bank, Macquarie and Helia Group top the list of ASX200 companies with the most women at board level, but questions remain on the link between boardroom diversity and financial performance. Female directors doubled in under a decade ...

Help on nature, climate disclosures

ROSE MARY PETRASS  |  TUESDAY, 6 AUG 2024  |  NEWS
A US$20 trillion nature reporting project improves interoperability; accounting body placates concerned investors. Nature-related disclosures Top standards-setter the Global Reporting Initiative (GRI) wants to help its 14,000 signatories align with ...