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Showing 281 - 290 of 1276 results for "ban"

Most inclusive Aussie orgs named

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Fossil-free super fund Future Group, member-owned Great Southern Bank QIC and non-bank lender Brighten Home Loans are among 82 Australian organisations deemed most committed to diversity and inclusion. In partnership with non-profit cultural centre ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
Climate change is one of the emerging risks to financial stability "for which there is no historical precedent to guide us," according to a speech by RBA Assistant Governor Brad Jones. In a recent speech addressing the risks Australia is likely to confront ...

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 ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
Construction materials company Boral is in investors' spotlight after walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
Despite being voted down by the Australian public, the First Nations Voice to Parliament saw support from the private sector which viewed the federal advisory body as the next step for reconciliation. As the dust settles, experts say finance has an ...

Connecting capital to nature the next challenge: ASFI

RACHEL ALEMBAKIS  |  FRIDAY, 20 OCT 2023  |  NEWS
Connecting how the finance sector can connect with innovations in biodiversity, natural capital and work being done on the ground in sectors like the agricultural industry is the next stage in driving real world impacts in protecting the natural world. ...

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 ...

Record climate spending for low and middle-income economies

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
Climate finance by multilateral development banks (MDBs) for low-income and middle-income economies hit a new high of US$60.7 billion in 2022, up 46% from 2019, a new joint report has found. The spend included US$38 billion (63%) on climate change mitigation ...

New NZ gov scraps 2030 emissions goal

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
Following an election win on Saturday, centre-right PM-elect Chris Luxon announced that his incoming government will abandon NZ plans for a zero emissions grid by 2030. Further, no new funding will go to renewables - but planning processes will be streamlined ...