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Showing 271 - 280 of 640 results for Rose Mary Petrass

Global investors unite for Climate Action 100+

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
A group of global asset owners has issued a statement in support of Climate Action 100+ (CA100+) after an exodus of large investor members early this year. The initiative received the endorsement from 44 asset owners across the globe, including the ...

Data demand drives tech growth

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
An Aussie start-up has become the world's largest private markets emissions data network with USD$3.5 trillion AUM. Founded in 2020 Pathzero now has initial emissions data for more than USD$3.5 trillion of the USD$13.1 trillion in global private ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
... past two years to December 2023. Investments in the top 190 global companies with major coal, oil, and gas expansion plans rose to more than $39 billion, reaching nearly 9% of shares in default options, as a portion of listed equities investments. Every ...

One in three analyse physical climate risk: IGCC

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie investors ramp up climate action but need to focus on physical climate risks and near-term emissions reduction targets. The Investor Group on Climate Change (IGCC) has put out it's State of Net Zero Investment Report for 2024, with data as of ...

Standards boards unite for global rollout

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAY 2024  |  NEWS
The International Financial Reporting Standards (IFRS) Foundation is working with the Global Reporting Initiative (GRI) to make their standards more compatible. The partnership between the IFRS - which oversees the International Sustainability Standards ...

Sustainable Finance Taxonomy open for consultation

ROSE MARY PETRASS  |  TUESDAY, 28 MAY 2024  |  NEWS
The Australian Sustainable Finance Institute (ASFI) today released its first consultation on sustainable finance taxonomy, a set of definitions that make it easier for financiers to fund sustainable assets and activities. ASFI is consulting on the draft ...

Govt moves timetable on power station closure

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
Last week the NSW government delayed closure of the Eraring Power Station, back-pedaling on a previous decision to close it next year. The station had been scheduled for closure in August 2025, but will remain open for two more years, with the possibility ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
Digitally integrating climate and financial reporting may help circumvent the challenges entities face meeting Australia's looming reporting rules, argue Deloitte and PwC. Mandatory climate reporting in Australia is set to come into force from this ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

ESG demand still high for advisers

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
Financial advisers find sustainable investments appealing to many of their clients, despite ongoing cost-of-living pressures and political differences. Ethical investment leaders spoke at the Financial Standard's inaugural Future Investing Forum ...