Search Results

Showing 11 - 20 of 70 results for "California"

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
... that would force CalPERS and CalSTRS to divest from fossil fuel investments by July 2030 is making its way through the California legislature. SB 252, which would halt future investment in fossil fuel assets and force the California pension funds to ...

Apostle Funds Management launches carbon credit fund

RACHEL ALEMBAKIS  |  MONDAY, 27 MAR 2023  |  NEWS
... February, Apostle confirmed. The fund's benchmark is evenly weighted against the five major global carbon markets - California, Europe, UK, New Zealand and Australia with the aim of offering "holistic exposure to the carbon price and helps reduce ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
... investment risk," he said. "That's still the case. Anyone can see the impact of climate change in the natural disasters in California or Florida, in Pakistan, across Europe and Australia, and in many other places around the world. "There's more flooding ...

Australia joins COP27 forests partnership

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... However, a strong carbon price would catalyse the sector even further. "We have seen now, carbon price signals in the California market, the New Zealand market, the [Australian Carbon Credit Unit], ACCU market, the [Verified Carbon Unit] VCU market ...

New Forests increases California forestry holdings

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
... natural capital strategies manager New Forests has purchased approximately 108,000 acres of forestry estate in Northern California. The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta region, and presents "significant ...

Biodiversity risk goes to heart of finance

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 APR 2022  |  NEWS
... thing to realise is that carbon markets are only just one mechanism to invest in nature," Kuppalli said. If I take the California carbon market, which is the second largest carbon market in the world, 80% of the carbon credits are coming from forest ...

Franklin Templeton hires CalPERS exec for new global head of sustainability role

RACHEL ALEMBAKIS  |  MONDAY, 24 JAN 2022  |  NEWS
... Franklin Templeton has created a new role of global head of sustainability and hired a heavy hitting exec from the California Public Employees Retirement System (CalPERS) to fill it. Franklin Templeton has hired Anne Simpson to the role of global head ...

New Forests calls for demand and supply integrity on carbon credits

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
... reforestation." New Forests currently operates in government-regulated carbon credit markets and manages projects governed by the California Air Resources Board, the Australian Clean Energy Regulator, and the New Zealand EPA, and said they expect to ...

Greenpeace reveals greenwashing ASX companies

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
Setting and meeting a 100% renewable electricity goal by 2025 is "the key measure of credibility of any corporate climate action plan," according to Greenpeace. Greenpeace Australia Pacific has launched Hero to zero: uncovering the truth of corporate ...

New Forests acquires US timber asset

RACHEL ALEMBAKIS  |  TUESDAY, 20 JUL 2021  |  NEWS
... part of a sustainable forest strategy. New Forests acquired the Hilt-Siskiyou Forest, a mixed-conifer forest along the California and Oregon border, from the Fruit Growers Supply Company (FGS) alongside an institutional investor client. New Forests' ...